Accel Wealth Management Sells 1,334 Shares of First Trust International IPO ETF (NASDAQ:FPXI)

Accel Wealth Management decreased its holdings in shares of First Trust International IPO ETF (NASDAQ:FPXI) by 22.8% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,520 shares of the company’s stock after selling 1,334 shares during the quarter. Accel Wealth Management owned 0.13% of First Trust International IPO ETF worth $209,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. International Assets Investment Management LLC purchased a new stake in First Trust International IPO ETF in the fourth quarter worth approximately $4,420,000. Twin Peaks Wealth Advisors LLC bought a new stake in First Trust International IPO ETF during the 4th quarter valued at about $2,708,000. Asset Allocation Strategies LLC increased its holdings in First Trust International IPO ETF by 13.8% in the 4th quarter. Asset Allocation Strategies LLC now owns 80,569 shares of the company’s stock worth $3,404,000 after buying an additional 9,762 shares in the last quarter. Clarus Wealth Advisors purchased a new stake in First Trust International IPO ETF during the 4th quarter valued at $378,000. Finally, Principal Securities Inc. bought a new position in First Trust International IPO ETF in the fourth quarter valued at about $320,000.

First Trust International IPO ETF Stock Performance

Shares of NASDAQ:FPXI opened at $47.33 on Friday. The stock’s 50-day simple moving average is $47.09 and its two-hundred day simple moving average is $45.15. The stock has a market capitalization of $149.09 million, a price-to-earnings ratio of 27.85 and a beta of 0.81. First Trust International IPO ETF has a 52-week low of $36.02 and a 52-week high of $48.45.

First Trust International IPO ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, June 28th. Stockholders of record on Thursday, June 27th were paid a dividend of $0.2987 per share. The ex-dividend date was Thursday, June 27th.

First Trust International IPO ETF Profile

The First Trust International Equity Opportunities ETF (FPXI) is an exchange-traded fund that is based on the IPOX International index, a market-cap-weighted index of the 50 largest developed markets ex-US IPOs over the first 1,000 trading days for each stock. FPXI was launched on Nov 5, 2014 and is managed by First Trust.