First Trust Nasdaq Lux Digital Health Solutions ETF (NASDAQ:EKG) Shares Down 0% – Time to Sell?

First Trust Nasdaq Lux Digital Health Solutions ETF (NASDAQ:EKG) was down 0% during trading on Wednesday . The company traded as low as $16.61 and last traded at $16.5684. Approximately 450 shares changed hands during mid-day trading, a decline of 27% from the average daily volume of 618 shares. The stock had previously closed at $16.57.

First Trust Nasdaq Lux Digital Health Solutions ETF Stock Performance

The stock’s 50-day moving average is $16.44 and its 200 day moving average is $17.93. The stock has a market capitalization of $2.49 million, a PE ratio of 38.88 and a beta of 1.32.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Sound Income Strategies LLC purchased a new position in shares of First Trust Nasdaq Lux Digital Health Solutions ETF in the 4th quarter valued at $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 1st quarter. Jane Street Group LLC now owns 28,770 shares of the company’s stock valued at $450,000 after buying an additional 2,353 shares during the last quarter. Finally, Cetera Investment Advisers purchased a new position in shares of First Trust Nasdaq Lux Digital Health Solutions ETF in the 2nd quarter valued at $516,000.

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.