First Trust TCW Emerging Markets Debt ETF (NYSEARCA:EFIX) Shares Cross Above 200-Day Moving Average – Here’s What Happened

First Trust TCW Emerging Markets Debt ETF (NYSEARCA:EFIX) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $16.28 and traded as high as $16.50. First Trust TCW Emerging Markets Debt ETF shares last traded at $16.38, with a volume of 1,959 shares trading hands.

First Trust TCW Emerging Markets Debt ETF Stock Performance

The business’s fifty day moving average price is $16.42 and its 200-day moving average price is $16.28.

Institutional Investors Weigh In On First Trust TCW Emerging Markets Debt ETF

A hedge fund recently raised its stake in First Trust TCW Emerging Markets Debt ETF stock. Hedeker Wealth LLC increased its position in First Trust TCW Emerging Markets Debt ETF (NYSEARCA:EFIX) by 4.7% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 89,552 shares of the company’s stock after acquiring an additional 4,008 shares during the period. Hedeker Wealth LLC owned about 3.66% of First Trust TCW Emerging Markets Debt ETF worth $1,485,000 at the end of the most recent reporting period.

First Trust TCW Emerging Markets Debt ETF Company Profile

The First Trust TCW Emerging Markets Debt ETF (EFIX) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that invests in debt securities, of various credit quality, issued by emerging market countries. EFIX was launched on Feb 17, 2021 and is managed by First Trust.