First Trust Nasdaq Lux Digital Health Solutions ETF (NASDAQ:EKG) Stock Price Down 1.9% – What’s Next?

First Trust Nasdaq Lux Digital Health Solutions ETF (NASDAQ:EKG) shares traded down 1.9% during trading on Tuesday . The stock traded as low as $17.60 and last traded at $17.35. Approximately 301 shares changed hands during mid-day trading, a decline of 55% from the average daily volume of 667 shares. The stock had previously closed at $17.68.

First Trust Nasdaq Lux Digital Health Solutions ETF Price Performance

The firm has a market capitalization of $2.73 million, a PE ratio of 38.88 and a beta of 1.32. The stock has a 50-day moving average price of $16.90 and a 200 day moving average price of $17.71.

Institutional Investors Weigh In On First Trust Nasdaq Lux Digital Health Solutions ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Sound Income Strategies LLC acquired a new position in First Trust Nasdaq Lux Digital Health Solutions ETF during the fourth quarter worth $38,000. Jane Street Group LLC grew its position in shares of First Trust Nasdaq Lux Digital Health Solutions ETF by 8.9% in the first quarter. Jane Street Group LLC now owns 28,770 shares of the company’s stock valued at $450,000 after purchasing an additional 2,353 shares during the period. Finally, Cetera Investment Advisers purchased a new stake in shares of First Trust Nasdaq Lux Digital Health Solutions ETF during the second quarter worth about $516,000.

First Trust Nasdaq Lux Digital Health Solutions ETF Company Profile

The First Trust Nasdaq Lux Digital Health Solutions ETF (EKG) is an exchange-traded fund that is based on the NASDAQ Lux Health Tech index. The fund tracks a market cap-weighted index of globally-listed companies engaged in digital health technologies. EKG was launched on Mar 22, 2022 and is managed by First Trust.