Janney Montgomery Scott LLC Sells 1,608 Shares of First Trust International IPO ETF (NASDAQ:FPXI)

Janney Montgomery Scott LLC cut its stake in shares of First Trust International IPO ETF (NASDAQ:FPXI) by 9.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 15,993 shares of the company’s stock after selling 1,608 shares during the quarter. Janney Montgomery Scott LLC’s holdings in First Trust International IPO ETF were worth $773,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of the stock. Hibernia Wealth Partners LLC bought a new stake in shares of First Trust International IPO ETF in the 3rd quarter worth approximately $230,000. Accel Wealth Management raised its holdings in First Trust International IPO ETF by 21.4% during the 2nd quarter. Accel Wealth Management now owns 5,488 shares of the company’s stock valued at $258,000 after buying an additional 968 shares during the last quarter. Advisor OS LLC raised its holdings in First Trust International IPO ETF by 21.5% during the 2nd quarter. Advisor OS LLC now owns 5,648 shares of the company’s stock valued at $266,000 after buying an additional 1,000 shares during the last quarter. Koshinski Asset Management Inc. raised its holdings in First Trust International IPO ETF by 4.0% during the 3rd quarter. Koshinski Asset Management Inc. now owns 7,025 shares of the company’s stock valued at $340,000 after buying an additional 269 shares during the last quarter. Finally, Arkadios Wealth Advisors raised its holdings in First Trust International IPO ETF by 4.6% during the 3rd quarter. Arkadios Wealth Advisors now owns 7,978 shares of the company’s stock valued at $386,000 after buying an additional 352 shares during the last quarter.

First Trust International IPO ETF Stock Down 1.7 %

NASDAQ:FPXI opened at $48.39 on Monday. The company has a fifty day moving average of $48.47 and a 200 day moving average of $47.61. First Trust International IPO ETF has a 52 week low of $39.48 and a 52 week high of $50.15. The firm has a market capitalization of $137.91 million, a P/E ratio of 27.85 and a beta of 0.81.

First Trust International IPO ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were given a dividend of $0.0444 per share. This represents a $0.18 dividend on an annualized basis and a yield of 0.37%. The ex-dividend date of this dividend was Thursday, September 26th.

First Trust International IPO ETF Company 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.