Sebold Capital Management Inc. Lowers Stock Holdings in First Trust International IPO ETF (NASDAQ:FPXI)

Sebold Capital Management Inc. reduced its stake in First Trust International IPO ETF (NASDAQ:FPXI) by 33.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 10,469 shares of the company’s stock after selling 5,372 shares during the quarter. Sebold Capital Management Inc. owned 0.37% of First Trust International IPO ETF worth $494,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Jane Street Group LLC grew its position in First Trust International IPO ETF by 104.3% during the third quarter. Jane Street Group LLC now owns 35,283 shares of the company’s stock valued at $1,706,000 after acquiring an additional 18,015 shares during the period. Benjamin Edwards Inc. purchased a new stake in shares of First Trust International IPO ETF in the third quarter worth about $1,915,000. US Bancorp DE boosted its position in shares of First Trust International IPO ETF by 3.1% in the third quarter. US Bancorp DE now owns 11,100 shares of the company’s stock worth $537,000 after buying an additional 336 shares during the period. Hibernia Wealth Partners LLC purchased a new stake in shares of First Trust International IPO ETF in the third quarter worth about $230,000. Finally, Arkadios Wealth Advisors boosted its position in shares of First Trust International IPO ETF by 4.6% in the third quarter. Arkadios Wealth Advisors now owns 7,978 shares of the company’s stock worth $386,000 after buying an additional 352 shares during the period.

First Trust International IPO ETF Stock Performance

NASDAQ:FPXI opened at $48.75 on Thursday. First Trust International IPO ETF has a one year low of $40.77 and a one year high of $50.80. The business’s 50-day simple moving average is $48.87 and its 200 day simple moving average is $48.08. The stock has a market cap of $136.50 million, a price-to-earnings ratio of 27.85 and a beta of 0.81.

First Trust International IPO ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders 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.