First Trust Nasdaq Lux Digital Health Solutions ETF (NASDAQ:EKG) Stock Price Down 1.4% – What’s Next?

Shares of First Trust Nasdaq Lux Digital Health Solutions ETF (NASDAQ:EKG) were down 1.4% on Friday . The stock traded as low as $17.80 and last traded at $17.80. Approximately 323 shares changed hands during trading, a decline of 62% from the average daily volume of 857 shares. The stock had previously closed at $18.06.

First Trust Nasdaq Lux Digital Health Solutions ETF Price Performance

The company has a market cap of $2.67 million, a price-to-earnings ratio of 38.88 and a beta of 1.41. The stock has a 50-day moving average price of $18.83 and a 200 day moving average price of $18.40.

Hedge Funds Weigh In On First Trust Nasdaq Lux Digital Health Solutions ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Sound Income Strategies LLC bought a new position in First Trust Nasdaq Lux Digital Health Solutions ETF during the 4th quarter worth about $38,000. Cetera Investment Advisers acquired a new position in shares of First Trust Nasdaq Lux Digital Health Solutions ETF during the second quarter worth about $516,000. Finally, Jane Street Group LLC grew its holdings in shares of First Trust Nasdaq Lux Digital Health Solutions ETF by 8.9% during the first quarter. Jane Street Group LLC now owns 28,770 shares of the company’s stock worth $450,000 after buying an additional 2,353 shares in the last quarter.

About First Trust Nasdaq Lux Digital Health Solutions ETF

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.