SRS Capital Advisors Inc. Takes Position in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

SRS Capital Advisors Inc. purchased a new stake in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 64,681 shares of the company’s stock, valued at approximately $3,866,000. SRS Capital Advisors Inc. owned about 0.06% of First Trust Enhanced Short Maturity ETF as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently modified their holdings of the business. JPMorgan Chase & Co. raised its stake in First Trust Enhanced Short Maturity ETF by 1,602.2% during the third quarter. JPMorgan Chase & Co. now owns 219,334 shares of the company’s stock worth $13,132,000 after buying an additional 206,449 shares during the last quarter. Guided Capital Wealth Management LLC bought a new position in First Trust Enhanced Short Maturity ETF during the fourth quarter worth $6,920,000. Blackhawk Capital Partners LLC. bought a new position in First Trust Enhanced Short Maturity ETF during the fourth quarter worth $1,926,000. Sunbelt Securities Inc. raised its stake in First Trust Enhanced Short Maturity ETF by 8.6% during the third quarter. Sunbelt Securities Inc. now owns 4,261 shares of the company’s stock worth $255,000 after buying an additional 339 shares during the last quarter. Finally, Advyzon Investment Management LLC bought a new position in First Trust Enhanced Short Maturity ETF during the fourth quarter worth $1,684,000.

First Trust Enhanced Short Maturity ETF Price Performance

Shares of NASDAQ FTSM opened at $59.84 on Friday. First Trust Enhanced Short Maturity ETF has a twelve month low of $59.54 and a twelve month high of $60.16. The firm has a fifty day simple moving average of $59.87 and a 200 day simple moving average of $59.91.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The business also recently declared a dividend, which will be paid on Tuesday, March 4th. Shareholders of record on Friday, February 28th will be paid a $0.203 dividend. The ex-dividend date is Friday, February 28th.

About First Trust Enhanced Short Maturity ETF

The First Trust Enhanced Short Maturity ETF (FTSM) is an exchange-traded fund that is based on the Bloomberg U.S. Short Treasury Bond index. The fund is actively-managed to invest in a variety of fixed income securities with a target maturity of less than three years. FTSM was launched on Aug 5, 2014 and is managed by First Trust.