Janney Montgomery Scott LLC Grows Position in 1ST TR EXCHANGE/ALT ABSOLUTE RETURN (FAAR)

Janney Montgomery Scott LLC increased its holdings in 1ST TR EXCHANGE/ALT ABSOLUTE RETURN (NASDAQ:FAAR) by 118.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 16,513 shares of the company’s stock after acquiring an additional 8,942 shares during the quarter. Janney Montgomery Scott LLC’s holdings in 1ST TR EXCHANGE/ALT ABSOLUTE RETURN were worth $438,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Virtu Financial LLC lifted its stake in 1ST TR EXCHANGE/ALT ABSOLUTE RETURN by 288.5% in the third quarter. Virtu Financial LLC now owns 33,842 shares of the company’s stock worth $983,000 after acquiring an additional 25,132 shares during the period. Envestnet Asset Management Inc. purchased a new stake in 1ST TR EXCHANGE/ALT ABSOLUTE RETURN in the third quarter worth about $1,452,000. IFP Advisors Inc lifted its stake in 1ST TR EXCHANGE/ALT ABSOLUTE RETURN by 6.4% in the fourth quarter. IFP Advisors Inc now owns 10,503 shares of the company’s stock worth $278,000 after acquiring an additional 628 shares during the period. Finally, Reliance Trust Co. of Delaware purchased a new stake in 1ST TR EXCHANGE/ALT ABSOLUTE RETURN in the third quarter worth about $442,000.

NASDAQ:FAAR opened at $26.77 on Friday. 1ST TR EXCHANGE/ALT ABSOLUTE RETURN has a 1-year low of $26.33 and a 1-year high of $31.50.

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Institutional Ownership by Quarter for 1ST TR EXCHANGE/ALT ABSOLUTE RETURN (NASDAQ:FAAR)

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