First Trust Core Investment Grade ETF (NYSEARCA:FTCB – Get Free Report) was the target of a significant decrease in short interest in the month of June. As of June 15th, there was short interest totaling 102,385 shares, a decrease of 48.5% from the May 31st total of 198,883 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 479,165 shares, the days-to-cover ratio is currently 0.2 days.
First Trust Core Investment Grade ETF Price Performance
Shares of FTCB opened at $20.96 on Tuesday. The business’s 50-day moving average price is $20.88 and its 200 day moving average price is $21.08. First Trust Core Investment Grade ETF has a 1-year low of $20.59 and a 1-year high of $21.87.
Institutional Investors Weigh In On First Trust Core Investment Grade ETF
Several institutional investors and hedge funds have recently modified their holdings of the business. Rockefeller Capital Management L.P. bought a new position in shares of First Trust Core Investment Grade ETF in the fourth quarter valued at approximately $29,000. Ameriflex Group Inc. bought a new stake in First Trust Core Investment Grade ETF in the 3rd quarter valued at $35,000. Sound Income Strategies LLC acquired a new stake in shares of First Trust Core Investment Grade ETF during the 4th quarter worth approximately $43,000. Whittier Trust Co. of Nevada Inc. bought a new stake in First Trust Core Investment Grade ETF in the first quarter valued at about $43,000. Finally, Torren Management LLC bought a new position in shares of First Trust Core Investment Grade ETF during the 1st quarter worth approximately $43,000.
First Trust Core Investment Grade ETF Company Profile
The First Trust Core Investment Grade ETF (FTCB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed ETF that provides broad exposure to investment-grade debt securities of various maturities from around the world, including emerging markets. FTCB was launched on Nov 7, 2023 and is issued by First Trust.
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