Shares in the First Trust International IPO ETF (NYSEARCA:FPXI – Get Rating) fell 1.9% on Friday. The company traded as low as $41.48 and last at $42.03. About 51,367 shares changed hands during midday trading, down 55% from the average daily volume of 113,064 shares. The stock had previously closed at $42.85.
Price development of the First Trust International IPO ETF
The company has a 50-day simple moving average of $42.99 and a 200-day simple moving average of $45.69.
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