Clarus Wealth Advisors Sells 249 Shares of First Trust International IPO ETF (NASDAQ:FPXI)

Clarus Wealth Advisors cut its holdings in First Trust International IPO ETF (NASDAQ:FPXI) by 3.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 8,118 shares of the company’s stock after selling 249 shares during the quarter. Clarus Wealth Advisors’ holdings in First Trust International IPO ETF were worth $385,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Bank of Montreal Can purchased a new stake in shares of First Trust International IPO ETF in the 2nd quarter worth approximately $403,000. Susquehanna International Group LLP lifted its holdings in First Trust International IPO ETF by 16.7% during the second quarter. Susquehanna International Group LLP now owns 100,042 shares of the company’s stock worth $4,708,000 after buying an additional 14,330 shares during the period. WealthCare Investment Partners LLC boosted its position in First Trust International IPO ETF by 3.4% during the 3rd quarter. WealthCare Investment Partners LLC now owns 28,737 shares of the company’s stock valued at $1,372,000 after acquiring an additional 952 shares in the last quarter. CWM LLC raised its position in shares of First Trust International IPO ETF by 1,035.3% in the 3rd quarter. CWM LLC now owns 28,554 shares of the company’s stock worth $1,381,000 after acquiring an additional 26,039 shares in the last quarter. Finally, Koshinski Asset Management Inc. boosted its holdings in shares of First Trust International IPO ETF by 4.0% in 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 in the last quarter.

First Trust International IPO ETF Stock Up 0.8 %

Shares of FPXI opened at $47.78 on Wednesday. First Trust International IPO ETF has a twelve month low of $40.77 and a twelve month high of $50.80. The company has a 50 day moving average of $48.88 and a two-hundred day moving average of $48.08. The company has a market cap of $133.78 million, a price-to-earnings ratio of 27.85 and a beta of 0.81.

First Trust International IPO ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were paid a dividend of $0.0945 per share. The ex-dividend date of this dividend was Friday, December 13th.

First Trust International IPO ETF 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.