Twin Peaks Wealth Advisors LLC Lowers Stake in First Trust International IPO ETF (NASDAQ:FPXI)

Twin Peaks Wealth Advisors LLC decreased its position in shares of First Trust International IPO ETF (NASDAQ:FPXI) by 14.2% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 47,854 shares of the company’s stock after selling 7,917 shares during the period. First Trust International IPO ETF accounts for approximately 1.0% of Twin Peaks Wealth Advisors LLC’s portfolio, making the stock its 28th largest holding. Twin Peaks Wealth Advisors LLC’s holdings in First Trust International IPO ETF were worth $2,256,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Arkadios Wealth Advisors raised its holdings in First Trust International IPO ETF by 4.6% in the 3rd quarter. Arkadios Wealth Advisors now owns 7,978 shares of the company’s stock valued at $386,000 after acquiring an additional 352 shares during the last quarter. Hibernia Wealth Partners LLC purchased a new position in First Trust International IPO ETF during the third quarter worth about $230,000. US Bancorp DE lifted its position in First Trust International IPO ETF by 3.1% during 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. Benjamin Edwards Inc. purchased a new stake in First Trust International IPO ETF in the 3rd quarter valued at about $1,915,000. Finally, Jane Street Group LLC increased its stake in shares of First Trust International IPO ETF by 104.3% during the 3rd 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 last quarter.

First Trust International IPO ETF Price Performance

Shares of FPXI stock opened at $50.81 on Tuesday. First Trust International IPO ETF has a 1-year low of $41.95 and a 1-year high of $53.16. The firm’s 50-day simple moving average is $49.75 and its 200-day simple moving average is $48.96. The firm has a market cap of $142.26 million, a P/E ratio of 27.85 and a beta of 0.81.

First Trust International IPO ETF Cuts Dividend

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

About First Trust International IPO ETF

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.