First Trust New York Municipal High Income ETF (NYSEARCA:FMNY) Shares Down 0.2%

First Trust New York Municipal High Income ETF (NYSEARCA:FMNYGet Free Report)’s stock price traded down 0.2% during trading on Tuesday . The stock traded as low as $26.84 and last traded at $26.84. 227 shares changed hands during mid-day trading, a decline of 92% from the average session volume of 2,756 shares. The stock had previously closed at $26.91.

First Trust New York Municipal High Income ETF Trading Down 0.2 %

The stock has a fifty day simple moving average of $27.02 and a 200-day simple moving average of $26.48.

Institutional Trading of First Trust New York Municipal High Income ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Jane Street Group LLC raised its stake in First Trust New York Municipal High Income ETF by 9.3% during the 2nd quarter. Jane Street Group LLC now owns 42,583 shares of the company’s stock worth $1,128,000 after acquiring an additional 3,625 shares in the last quarter. UBS Group AG acquired a new stake in shares of First Trust New York Municipal High Income ETF during the third quarter worth about $25,000. Advisor Group Holdings Inc. purchased a new stake in shares of First Trust New York Municipal High Income ETF in the 4th quarter valued at about $594,000. Socha Financial Group LLC boosted its position in shares of First Trust New York Municipal High Income ETF by 4.0% in the 4th quarter. Socha Financial Group LLC now owns 27,496 shares of the company’s stock valued at $746,000 after purchasing an additional 1,069 shares during the period. Finally, Magnus Financial Group LLC grew its stake in First Trust New York Municipal High Income ETF by 14.2% during the 4th quarter. Magnus Financial Group LLC now owns 170,454 shares of the company’s stock worth $4,625,000 after buying an additional 21,142 shares during the last quarter.

About First Trust New York Municipal High Income ETF

(Get Free Report)

The First Trust New York High Income Municipal ETF (FMNY) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that targets fixed income of any duration and credit quality. Issues selected provide interest income that is exempt from federal, New York State and City taxes.

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