First Trust TCW Emerging Markets Debt ETF (NYSEARCA:EFIX) Shares Down 0.5% – Here’s What Happened

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

First Trust TCW Emerging Markets Debt ETF Price Performance

The firm has a 50 day simple moving average of $16.43 and a 200-day simple moving average of $16.27.

Hedge Funds 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 holdings in shares of First Trust TCW Emerging Markets Debt ETF (NYSEARCA:EFIX) by 4.7% during the 3rd quarter, according to its most recent disclosure with the Securities and 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 3.66% of First Trust TCW Emerging Markets Debt ETF worth $1,485,000 as of its most recent SEC filing.

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.