First Trust IPOX Europe Equity Opportunities ETF (NASDAQ:FPXE) Stock Price Up 0.7% – Should You Buy?

Shares of First Trust IPOX Europe Equity Opportunities ETF (NASDAQ:FPXE) traded up 0.7% during trading on Thursday . The stock traded as high as $34.25 and last traded at $34.15. 667 shares were traded during trading, a decline of 25% from the average session volume of 894 shares. The stock had previously closed at $33.91.

First Trust IPOX Europe Equity Opportunities ETF Stock Up 0.7%

The company’s 50-day simple moving average is $34.41 and its 200 day simple moving average is $33.43. The company has a market capitalization of $5.12 million, a P/E ratio of 23.46 and a beta of 1.14.

First Trust IPOX Europe Equity Opportunities ETF Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were given a $0.3779 dividend. This represents a $1.51 annualized dividend and a yield of 4.4%. The ex-dividend date of this dividend was Thursday, June 25th.

Institutional Trading of First Trust IPOX Europe Equity Opportunities ETF

Several institutional investors have recently made changes to their positions in the business. Tucker Asset Management LLC bought a new stake in First Trust IPOX Europe Equity Opportunities ETF in the fourth quarter valued at about $30,000. Triad Wealth Partners LLC acquired a new position in shares of First Trust IPOX Europe Equity Opportunities ETF in the 4th quarter worth approximately $317,000. Cetera Investment Advisers bought a new position in shares of First Trust IPOX Europe Equity Opportunities ETF during the 2nd quarter worth approximately $602,000. Susquehanna International Group LLP bought a new stake in First Trust IPOX Europe Equity Opportunities ETF in the third quarter valued at $624,000. Finally, Jane Street Group LLC grew its holdings in shares of First Trust IPOX Europe Equity Opportunities ETF by 5.7% in the 1st quarter. Jane Street Group LLC now owns 42,702 shares of the company’s stock worth $1,096,000 after purchasing an additional 2,286 shares during the last quarter.

About First Trust IPOX Europe Equity Opportunities ETF

The First Trust IPOX Europe Equity Opportunities ETF (FPXE) is an exchange-traded fund that is based on the IPOX 100 Europe index, a market-cap-weighted index of the 100 largest European IPOs over the first 1,000 trading days for each stock. FPXE was launched on Oct 4, 2018 and is managed by First Trust.