Atria Wealth Solutions Inc. reduced its stake in First Trust Alternative Absolute Return Strategy ETF (NASDAQ:FAAR – Free Report) by 56.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 12,229 shares of the company’s stock after selling 15,917 shares during the period. Atria Wealth Solutions Inc. owned 0.34% of First Trust Alternative Absolute Return Strategy ETF worth $339,000 as of its most recent SEC filing.
Other hedge funds also recently added to or reduced their stakes in the company. Janney Montgomery Scott LLC increased its stake in First Trust Alternative Absolute Return Strategy ETF by 46.2% in the first quarter. Janney Montgomery Scott LLC now owns 20,976 shares of the company’s stock valued at $607,000 after purchasing an additional 6,631 shares during the last quarter. Cambridge Investment Research Advisors Inc. increased its stake in First Trust Alternative Absolute Return Strategy ETF by 2.8% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 63,720 shares of the company’s stock valued at $1,843,000 after purchasing an additional 1,744 shares during the last quarter. LPL Financial LLC increased its stake in First Trust Alternative Absolute Return Strategy ETF by 7.3% in the first quarter. LPL Financial LLC now owns 230,355 shares of the company’s stock valued at $6,662,000 after purchasing an additional 15,621 shares during the last quarter. Coppell Advisory Solutions LLC increased its stake in First Trust Alternative Absolute Return Strategy ETF by 324.5% in the first quarter. Coppell Advisory Solutions LLC now owns 185,248 shares of the company’s stock valued at $4,959,000 after purchasing an additional 141,611 shares during the last quarter. Finally, Benjamin Edwards Inc. increased its stake in First Trust Alternative Absolute Return Strategy ETF by 47.5% in the first quarter. Benjamin Edwards Inc. now owns 41,384 shares of the company’s stock valued at $1,197,000 after purchasing an additional 13,326 shares during the last quarter.
First Trust Alternative Absolute Return Strategy ETF Trading Up 0.4%
Shares of First Trust Alternative Absolute Return Strategy ETF stock opened at $30.15 on Tuesday. First Trust Alternative Absolute Return Strategy ETF has a 52 week low of $25.19 and a 52 week high of $32.19. The firm’s 50 day moving average is $30.01 and its two-hundred day moving average is $28.36.
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.
Further Reading
- Five stocks we like better than First Trust Alternative Absolute Return Strategy ETF
- What is MarketRank™? How to Use it
- Louis Vuitton Earnings Show Luxury Bull Market Isn’t Done Yet
- How to Evaluate a Stock Before Buying
- 3 High-Yield Banks for Investors to Buy on the Dip
- Unveiling The Power Of VWAP: A Key Indicator For Traders
- 5 Surprising Stocks Set to Benefit From a Future Robotics Boom
Want to see what other hedge funds are holding FAAR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Alternative Absolute Return Strategy ETF (NASDAQ:FAAR – Free Report).
Receive News & Ratings for First Trust Alternative Absolute Return Strategy ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Alternative Absolute Return Strategy ETF and related companies with MarketBeat.com's FREE daily email newsletter.