First Trust IPOX Europe Equity Opportunities ETF (FPXE)
NASDAQ (NMS) NASDAQ (NMS) Primary Summary
FPXE Chart
First Trust IPOX Europe Equity Opportunities ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 433 | $12,876.47 | $14,921.18 | $2,044.71 | 15.88% |
| TWP Triad Wealth Partners LLC Triad Wealth Partners, LLC | 8,386 | $263,631.34 | $288,981.56 | $25,350.22 | 9.62% |
 REAP Financial Group LLC REAP Financial Group LLC | 532 | $13,630.99 | $18,332.72 | $4,701.73 | 34.49% |
First Trust IPOX Europe Equity Opportunities ETF (FPXE) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has First Trust IPOX Europe Equity Opportunities ETF ever had a stock split?
First Trust IPOX Europe Equity Opportunities ETF Profile
| NASDAQ (NMS) Exchange | US Country |
Overview
The fund described focuses on investing a substantial portion of its assets, specifically at least 90%, in securities that are part of an index. This index is designed to track the performance of the most significant and generally most liquid initial public offerings (IPOs), including spin-offs and equity carve-outs, that have economic ties to Europe. The guiding principle of this investment approach is to capture the dynamic growth and potential of Europe’s largest and newest market entrants. Notably, the fund operates with a non-diversified status, concentrating its investments in a relatively small number of stocks to potentially maximize returns, albeit with a potentially higher risk.
Products and Services
- Investment in IPO Securities
This product targets securities that are part of the index tracking the 100 largest and usually most liquid IPOs, including spin-offs and equity carve-outs linked to Europe. The investment strategy emphasizes capitalizing on the growth prospects of new and significant market entrants in the European economy.
- Focus on Equity Performance
The aim here is to measure the performance of the equity securities of these companies, providing investors with a yardstick against which the success of their investment in Europe’s vibrant IPO market can be gauged. It underscores the potential for growth as well as the inherent risks in the IPO sector.
- Non-Diversified Fund Structure
By opting for a non-diversified fund structure, the investment approach accepts a higher degree of risk in exchange for the potential of more significant returns. This structure allows the fund to make substantial investments in a limited selection of stocks, making it susceptible to the volatility of those investments but also positioned to capitalize on their success.
