Potomac Fund Management Inc. ADV Purchases 25,995 Shares of 3EDGE Dynamic International Equity ETF $EDGI

Potomac Fund Management Inc. ADV lifted its position in 3EDGE Dynamic International Equity ETF (NYSEARCA:EDGI) by 15.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 194,314 shares of the company’s stock after buying an additional 25,995 shares during the quarter. 3EDGE Dynamic International Equity ETF comprises approximately 0.2% of Potomac Fund Management Inc. ADV’s holdings, making the stock its 24th biggest position. Potomac Fund Management Inc. ADV owned approximately 3.23% of 3EDGE Dynamic International Equity ETF worth $5,515,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Bank of America Corp DE bought a new position in shares of 3EDGE Dynamic International Equity ETF in the third quarter valued at $50,000. Basepoint Wealth LLC bought a new position in shares of 3EDGE Dynamic International Equity ETF in the fourth quarter valued at $124,000. Diversify Advisory Services LLC bought a new position in 3EDGE Dynamic International Equity ETF during the third quarter worth $218,000. Ausdal Financial Partners Inc. bought a new position in 3EDGE Dynamic International Equity ETF during the third quarter worth $217,000. Finally, Coldstream Capital Management Inc. bought a new position in 3EDGE Dynamic International Equity ETF during the third quarter worth $251,000.

3EDGE Dynamic International Equity ETF Price Performance

EDGI stock opened at $30.98 on Monday. The company has a fifty day moving average price of $30.33 and a two-hundred day moving average price of $29.62. 3EDGE Dynamic International Equity ETF has a one year low of $25.29 and a one year high of $31.62. The stock has a market cap of $52.67 million, a price-to-earnings ratio of 15.94 and a beta of 0.50.

3EDGE Dynamic International Equity ETF Profile

The 3EDGE Dynamic International Equity ETF (EDGI) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds, investing in equity securities from international markets, primarily targeting Europe, Japan, China, India, and emerging markets. The fund adjusts its portfolio based on sector, country, and currency analysis EDGI was launched on Oct 3, 2024 and is issued by 3Edge.