First Trust TCW Emerging Markets Debt ETF (NYSEARCA:EFIX) Trading Up 0.2% – Here’s What Happened

Shares of First Trust TCW Emerging Markets Debt ETF (NYSEARCA:EFIX) shot up 0.2% on Wednesday . The company traded as high as $16.38 and last traded at $16.22. 1,030 shares traded hands during trading, a decline of 86% from the average session volume of 7,582 shares. The stock had previously closed at $16.19.

First Trust TCW Emerging Markets Debt ETF Trading Down 0.4 %

The company’s 50-day moving average is $16.50 and its 200-day moving average is $16.23.

Institutional Trading of 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 grew its stake in First Trust TCW Emerging Markets Debt ETF (NYSEARCA:EFIX) by 4.7% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 89,552 shares of the company’s stock after purchasing an additional 4,008 shares during the quarter. Hedeker Wealth LLC owned about 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

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.