Shares of First Trust International IPO ETF (NASDAQ:FPXI) sold by Raymond James Financial Services Advisors Inc

Raymond James Financial Services Advisors Inc. reduced its stake in shares of First Trust International IPO ETF (NASDAQ:FPXI – Free Report) by 7.2% in the fourth quarter, according to its most recent SEC filing. The institutional investor owned 29,742 shares of the company's stock after selling 2,293 shares during the period. Raymond James Financial Services Advisors Inc. owned about 0.74% of the First Trust International IPO ETF worth $1,257,000 at the end of the last reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Equitable Holdings Inc. increased its holdings in shares of First Trust International IPO ETF by 21.3% in the first quarter. Equitable Holdings Inc. now owns 10,274 shares of the company's stock worth $501,000 after purchasing an additional 1,804 shares in the last quarter. Sowell Financial Services LLC bought a new position in shares of First Trust International IPO ETF during the first quarter worth about $850,000. Atria Wealth Solutions Inc. purchased a new position in First Trust International IPO ETF during the first quarter valued at approximately $1,697,000. Royal Bank of Canada increased its holdings in First Trust International IPO ETF by 14.2% in the first quarter. Royal Bank of Canada now owns 206,326 shares of the company's stock valued at $10,060,000 after purchasing an additional 25,584 shares in the last quarter. Finally, Bank of America Corp DE increased its stake in First Trust International IPO ETF by 2.0% during the first quarter. Bank of America Corp DE now owns 59,014 shares of the company's stock valued at $2,878,000 after purchasing an additional 1,154 shares in the last quarter.

First Trust International IPO ETF is down 1.7%

Shares of FPXI opened at $45.63 on Friday. The company has a market capitalization of $157.42 million, a price-to-earnings ratio of 24.60 and a beta of 0.81. The First Trust International IPO ETF has a 52-week low of $36.02 and a 52-week high of $47.43. The stock has a 50-day moving average of $45.58 and a 200-day moving average of $42.12.

Company profile of First Trust International IPO ETF

(Free Report)

The First Trust International Equity Opportunities ETF (FPXI) is an exchange-traded fund based on the IPOX International Index, a market capitalization-weighted index of the 50 largest IPOs in developed markets outside the U.S. over the first 1,000 trading days of each share. FPXI launched on November 5, 2014 and is managed by First Trust.

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