First Trust TCW Emerging Markets Debt ETF (NYSEARCA:EFIX) Shares Down 0.7%

First Trust TCW Emerging Markets Debt ETF (NYSEARCA:EFIX)’s stock price traded down 0.7% during mid-day trading on Wednesday . The company traded as low as $15.92 and last traded at $16.01. 7,163 shares traded hands during trading, an increase of 7% from the average session volume of 6,680 shares. The stock had previously closed at $16.13.

First Trust TCW Emerging Markets Debt ETF Trading Up 0.8 %

The business has a fifty day moving average price of $16.10 and a 200-day moving average price of $16.03.

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

A hedge fund recently raised its stake in First Trust TCW Emerging Markets Debt ETF stock. Hedeker Wealth LLC lifted its stake in First Trust TCW Emerging Markets Debt ETF (NYSEARCA:EFIX) by 10.4% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 75,705 shares of the company’s stock after buying an additional 7,142 shares during the period. Hedeker Wealth LLC owned approximately 3.69% of First Trust TCW Emerging Markets Debt ETF worth $1,235,000 as of its most recent filing with the Securities and Exchange Commission.

About First Trust TCW Emerging Markets Debt ETF

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.