Concurrent Investment Advisors LLC Makes New Investment in First Trust International Equity Opportunities ETF $FPXI

Concurrent Investment Advisors LLC bought a new position in First Trust International Equity Opportunities ETF (NASDAQ:FPXI) during the 2nd quarter, HoldingsChannel reports. The fund bought 409,072 shares of the company’s stock, valued at approximately $34,256,000. Concurrent Investment Advisors LLC owned approximately 0.10% of First Trust International Equity Opportunities ETF at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the company. TrueWealth Financial Partners purchased a new position in First Trust International Equity Opportunities ETF in the 4th quarter worth approximately $1,076,000. Northwestern Mutual Wealth Management Co. boosted its stake in First Trust International Equity Opportunities ETF by 1,460.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 104,866 shares of the company’s stock valued at $6,202,000 after purchasing an additional 98,145 shares during the last quarter. NewEdge Advisors LLC boosted its stake in First Trust International Equity Opportunities ETF by 20.0% during the 1st quarter. NewEdge Advisors LLC now owns 49,604 shares of the company’s stock valued at $3,063,000 after purchasing an additional 8,275 shares during the last quarter. Northbridge Financial Group LLC bought a new stake in shares of First Trust International Equity Opportunities ETF in the 4th quarter worth $1,285,000. Finally, Ameritas Advisory Services LLC bought a new stake in shares of First Trust International Equity Opportunities ETF in the 4th quarter worth $200,000.

First Trust International Equity Opportunities ETF Price Performance

FPXI stock opened at $70.39 on Friday. First Trust International Equity Opportunities ETF has a 1-year low of $55.75 and a 1-year high of $86.63. The business has a fifty day moving average price of $72.71 and a 200-day moving average price of $71.18. The stock has a market capitalization of $288.60 million, a P/E ratio of 26.06 and a beta of 0.98.

First Trust International Equity Opportunities ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were issued a $0.3415 dividend. This represents a $1.37 annualized dividend and a yield of 1.9%. The ex-dividend date was Thursday, June 25th. This is a positive change from First Trust International Equity Opportunities ETF’s previous quarterly dividend of $0.05.

First Trust International Equity Opportunities ETF Company 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.