First Trust TCW Emerging Markets Debt ETF (NYSEARCA:EFIX) Trading Down 0.5% – Time to Sell?

Posted by ABMN Staff on Nov 20th, 2024

First Trust TCW Emerging Markets Debt ETF (NYSEARCA:EFIX – Get Free Report) shares dropped 0.5% during mid-day trading on Tuesday . The company traded as low as $16.17 and last traded at $16.19. Approximately 3,984 shares traded hands during trading, a decline of 46% from the average daily volume of 7,408 shares. The stock had previously closed at $16.27.

First Trust TCW Emerging Markets Debt ETF Price Performance

The company has a 50-day simple moving average of $16.44 and a 200 day simple moving average of $16.27.

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

An institutional investor recently raised its position in First Trust TCW Emerging Markets Debt ETF stock. Hedeker Wealth LLC grew its position in First Trust TCW Emerging Markets Debt ETF (NYSEARCA:EFIX – Free Report) by 4.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 89,552 shares of the company’s stock after buying an additional 4,008 shares during the quarter. Hedeker Wealth LLC owned 3.66% of First Trust TCW Emerging Markets Debt ETF worth $1,485,000 at the end of the most recent reporting period.

First Trust TCW Emerging Markets Debt ETF Company Profile

(Get Free Report)

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.