First Trust Advisors LP raised its position in First Trust Alternative Absolute Return Strategy ETF (NASDAQ:FAAR – Free Report) by 11.0% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 302,639 shares of the company’s stock after acquiring an additional 29,955 shares during the quarter. First Trust Advisors LP owned approximately 6.24% of First Trust Alternative Absolute Return Strategy ETF worth $10,213,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in FAAR. Sound Income Strategies LLC acquired a new stake in shares of First Trust Alternative Absolute Return Strategy ETF in the 4th quarter valued at $31,000. CoreCap Advisors LLC lifted its position in shares of First Trust Alternative Absolute Return Strategy ETF by 20.9% during the 4th quarter. CoreCap Advisors LLC now owns 2,205 shares of the company’s stock worth $60,000 after purchasing an additional 381 shares during the last quarter. Tucker Asset Management LLC acquired a new position in shares of First Trust Alternative Absolute Return Strategy ETF during the fourth quarter worth $101,000. Ascentis Independent Advisors purchased a new position in First Trust Alternative Absolute Return Strategy ETF in the first quarter valued at $120,000. Finally, Harbour Investments Inc. increased its holdings in First Trust Alternative Absolute Return Strategy ETF by 31.4% in the fourth quarter. Harbour Investments Inc. now owns 5,645 shares of the company’s stock valued at $153,000 after buying an additional 1,349 shares during the last quarter.
First Trust Alternative Absolute Return Strategy ETF Stock Performance
First Trust Alternative Absolute Return Strategy ETF stock opened at $31.16 on Friday. First Trust Alternative Absolute Return Strategy ETF has a 1-year low of $26.73 and a 1-year high of $35.81. The stock’s fifty day moving average is $32.19 and its two-hundred day moving average is $32.04.
First Trust Alternative Absolute Return Strategy ETF Increases Dividend
First Trust Alternative Absolute Return Strategy ETF Company Profile
The First Trust Alternative Absolute Return Strategy ETF (FAAR) is an exchange-traded fund that is based on the db Liquid Commodity index. The fund is an actively-managed fund that, through a subsidiary, provides broad long\u002Fshort exposure to commodity futures contracts. FAAR was launched on May 18, 2016 and is managed by First Trust.
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