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

First Trust TCW Emerging Markets Debt ETF (NYSEARCA:EFIX)’s share price fell 0.5% on Tuesday . The stock traded as low as $16.17 and last traded at $16.19. 3,984 shares changed hands during mid-day 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 Trading Down 0.2 %

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

Hedge Funds Weigh In On First Trust TCW Emerging Markets Debt ETF

A hedge fund recently bought a new stake in First Trust TCW Emerging Markets Debt ETF stock. Jane Street Group LLC purchased a new position in shares of First Trust TCW Emerging Markets Debt ETF (NYSEARCA:EFIX) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 34,336 shares of the company’s stock, valued at approximately $569,000. Jane Street Group LLC owned 1.40% of First Trust TCW Emerging Markets Debt ETF as of its most recent filing with the SEC.

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.