MCF Advisors LLC Takes Position in First Trust International Equity Opportunities ETF $FPXI

MCF Advisors LLC purchased a new stake in shares of First Trust International Equity Opportunities ETF (NASDAQ:FPXI) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 11,030 shares of the company’s stock, valued at approximately $924,000. MCF Advisors LLC owned 0.27% of First Trust International Equity Opportunities ETF as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. NI Acquisitions Company LLC acquired a new stake in First Trust International Equity Opportunities ETF in the second quarter worth about $36,000. Merkkuri Wealth Advisors LLC acquired a new position in First Trust International Equity Opportunities ETF during the 1st quarter valued at about $46,000. Western Wealth Management LLC acquired a new position in First Trust International Equity Opportunities ETF during the 1st quarter valued at about $48,000. Integrated Wealth Concepts LLC acquired a new position in First Trust International Equity Opportunities ETF during the 2nd quarter valued at about $54,000. Finally, Ballast Advisors LLC bought a new position in shares of First Trust International Equity Opportunities ETF in the 1st quarter valued at about $73,000.

First Trust International Equity Opportunities ETF Price Performance

Shares of NASDAQ:FPXI opened at $68.97 on Friday. First Trust International Equity Opportunities ETF has a one year low of $55.75 and a one year high of $86.63. The company has a 50 day moving average of $71.64 and a 200-day moving average of $71.28. The stock has a market cap of $282.78 million, a price-to-earnings ratio of 26.06 and a beta of 0.98.

First Trust International Equity Opportunities ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were paid a $0.3415 dividend. The ex-dividend date of this dividend was Thursday, June 25th. This is a boost from First Trust International Equity Opportunities ETF’s previous quarterly dividend of $0.05. This represents a $1.37 dividend on an annualized basis and a yield of 2.0%.

First Trust International Equity Opportunities 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.