Belpointe Asset Management LLC Sells 270 Shares of First Trust International IPO ETF (NASDAQ:FPXI)

Belpointe Asset Management LLC cut its holdings in First Trust International IPO ETF (NASDAQ:FPXI) by 5.9% in the 4th quarter, HoldingsChannel.com reports. The firm owned 4,292 shares of the company’s stock after selling 270 shares during the period. Belpointe Asset Management LLC’s holdings in First Trust International IPO ETF were worth $208,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. Independent Advisor Alliance purchased a new position in shares of First Trust International IPO ETF in the fourth quarter worth about $221,000. Janney Montgomery Scott LLC increased 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 worth $808,000 after purchasing an additional 1,135 shares during the period. Arkadios Wealth Advisors lifted its position in First Trust International IPO ETF by 196.7% in 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. purchased a new stake in shares of First Trust International IPO ETF during the fourth quarter valued at approximately $1,144,000. Finally, Jane Street Group LLC grew its holdings 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 during the last quarter.

First Trust International IPO ETF Stock Up 0.7 %

Shares of NASDAQ FPXI opened at $47.06 on Friday. The company has a market cap of $129.42 million, a price-to-earnings ratio of 20.81 and a beta of 0.81. The firm’s fifty day moving average is $48.35 and its 200 day moving average is $48.85. First Trust International IPO ETF has a 52 week low of $41.17 and a 52 week 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.