Private Portfolio Partners LLC Sells 1,260 Shares of First Trust International IPO ETF (NASDAQ:FPXI)

Private Portfolio Partners LLC lessened its stake in First Trust International IPO ETF (NASDAQ:FPXI) by 19.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 5,136 shares of the company’s stock after selling 1,260 shares during the quarter. Private Portfolio Partners LLC owned approximately 0.18% of First Trust International IPO ETF worth $242,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the company. Independent Advisor Alliance bought a new stake in shares of First Trust International IPO ETF in the fourth quarter valued at $221,000. Janney Montgomery Scott LLC raised its stake in First Trust International IPO ETF by 7.1% in the 4th quarter. Janney Montgomery Scott LLC now owns 17,128 shares of the company’s stock valued at $808,000 after acquiring an additional 1,135 shares during the period. Arkadios Wealth Advisors lifted its holdings in First Trust International IPO ETF by 196.7% during the fourth quarter. Arkadios Wealth Advisors now owns 23,674 shares of the company’s stock valued at $1,116,000 after purchasing an additional 15,696 shares during the last quarter. Raymond James Financial Inc. bought a new position in First Trust International IPO ETF during the fourth quarter worth about $1,144,000. Finally, Jane Street Group LLC increased its stake in shares of First Trust International IPO ETF by 104.3% in the third quarter. Jane Street Group LLC now owns 35,283 shares of the company’s stock worth $1,706,000 after purchasing an additional 18,015 shares in the last quarter.

First Trust International IPO ETF Trading Up 0.7 %

Shares of FPXI stock opened at $47.69 on Thursday. The firm’s 50 day moving average is $49.91 and its 200 day moving average is $49.16. The stock has a market capitalization of $131.15 million, a P/E ratio of 27.14 and a beta of 0.81. First Trust International IPO ETF has a 12 month low of $41.95 and a 12 month high of $53.16.

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.