First Trust TCW Emerging Markets Debt ETF (NYSEARCA:EFIX) Stock Crosses Above Two Hundred Day Moving Average – Here’s What Happened

First Trust TCW Emerging Markets Debt ETF (NYSEARCA:EFIX) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $16.28 and traded as high as $16.50. First Trust TCW Emerging Markets Debt ETF shares last traded at $16.38, with a volume of 1,959 shares trading hands.

First Trust TCW Emerging Markets Debt ETF Price Performance

The stock’s 50 day simple moving average is $16.41 and its two-hundred day simple moving average is $16.28.

Institutional Investors Weigh In On First Trust TCW Emerging Markets Debt ETF

An institutional investor recently bought a new position in First Trust TCW Emerging Markets Debt ETF stock. Jane Street Group LLC acquired a new position in First Trust TCW Emerging Markets Debt ETF (NYSEARCA:EFIX) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 34,336 shares of the company’s stock, valued at approximately $569,000. Jane Street Group LLC owned 1.40% of First Trust TCW Emerging Markets Debt ETF as of its most recent SEC filing.

About First Trust TCW Emerging Markets Debt ETF

The First Trust TCW Emerging Markets Debt ETF (EFIX) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that invests in debt securities, of various credit quality, issued by emerging market countries. EFIX was launched on Feb 17, 2021 and is managed by First Trust.