First Trust Nasdaq Lux Digital Health Solutions ETF (NASDAQ:EKG) Shares Down 1.9% – Here’s Why

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

First Trust Nasdaq Lux Digital Health Solutions ETF Stock Down 1.9%

The business’s fifty day moving average is $16.85 and its two-hundred day moving average is $17.72. The stock has a market capitalization of $2.60 million, a PE ratio of 38.88 and a beta of 1.32.

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

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Cetera Investment Advisers bought a new stake in shares of First Trust Nasdaq Lux Digital Health Solutions ETF in the 2nd quarter worth about $516,000. Jane Street Group LLC lifted its holdings 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 acquiring an additional 2,353 shares during the last quarter. Finally, Sound Income Strategies LLC bought a new position in shares of First Trust Nasdaq Lux Digital Health Solutions ETF in the 4th quarter valued at about $38,000.

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.