First Trust Nasdaq Lux Digital Health Solutions ETF (NASDAQ:EKG) Stock Price Down 1.7% – Here’s Why

Shares of First Trust Nasdaq Lux Digital Health Solutions ETF (NASDAQ:EKG) fell 1.7% on Friday . The company traded as low as $22.05 and last traded at $22.05. Approximately 7,379 shares traded hands during trading, an increase of 798% from the average session volume of 822 shares. The stock had previously closed at $22.43.

First Trust Nasdaq Lux Digital Health Solutions ETF Stock Down 1.7%

The stock has a 50 day simple moving average of $20.00 and a 200 day simple moving average of $18.00. The stock has a market cap of $4.41 million, a price-to-earnings ratio of 38.88 and a beta of 1.29.

Institutional Trading of First Trust Nasdaq Lux Digital Health Solutions ETF

An institutional investor recently raised its stake in First Trust Nasdaq Lux Digital Health Solutions ETF stock. Jane Street Group LLC raised its holdings in shares of First Trust Nasdaq Lux Digital Health Solutions ETF (NASDAQ:EKG) by 8.9% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 28,770 shares of the company’s stock after purchasing an additional 2,353 shares during the quarter. Jane Street Group LLC owned 14.39% of First Trust Nasdaq Lux Digital Health Solutions ETF worth $450,000 as of its most recent SEC filing.

About First Trust Nasdaq Lux Digital Health Solutions ETF

The First Trust Nasdaq Lux Digital Health Solutions ETF (EKG) is an exchange-traded fund that is based on the NASDAQ Lux Health Tech index. The fund tracks a market cap-weighted index of globally-listed companies engaged in digital health technologies. EKG was launched on Mar 22, 2022 and is managed by First Trust.