World Investment Advisors LLC bought a new position in shares of First Trust Alternative Absolute Return Strategy ETF (NASDAQ:FAAR – Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 14,275 shares of the company’s stock, valued at approximately $397,000. World Investment Advisors LLC owned approximately 0.40% of First Trust Alternative Absolute Return Strategy ETF as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Benjamin F. Edwards & Company Inc. lifted its holdings in shares of First Trust Alternative Absolute Return Strategy ETF by 3.1% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 13,260 shares of the company’s stock worth $377,000 after buying an additional 398 shares in the last quarter. Focus Financial Network Inc. lifted its holdings in shares of First Trust Alternative Absolute Return Strategy ETF by 8.1% during the third quarter. Focus Financial Network Inc. now owns 13,926 shares of the company’s stock worth $388,000 after buying an additional 1,040 shares in the last quarter. Pinnacle Family Advisors LLC lifted its holdings in shares of First Trust Alternative Absolute Return Strategy ETF by 6.4% during the third quarter. Pinnacle Family Advisors LLC now owns 24,798 shares of the company’s stock worth $690,000 after buying an additional 1,484 shares in the last quarter. Hershey Financial Advisers LLC acquired a new stake in shares of First Trust Alternative Absolute Return Strategy ETF during the second quarter worth $51,000. Finally, Cetera Investment Advisers lifted its holdings in shares of First Trust Alternative Absolute Return Strategy ETF by 3.0% during the second quarter. Cetera Investment Advisers now owns 115,615 shares of the company’s stock worth $3,285,000 after buying an additional 3,358 shares in the last quarter.
First Trust Alternative Absolute Return Strategy ETF Stock Performance
Shares of NASDAQ FAAR opened at $27.98 on Wednesday. First Trust Alternative Absolute Return Strategy ETF has a 52 week low of $27.10 and a 52 week high of $29.44. The stock’s fifty day moving average is $27.92 and its 200 day moving average is $28.20.
First Trust Alternative Absolute Return Strategy ETF Dividend Announcement
About First Trust Alternative Absolute Return Strategy ETF
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.
Featured Stories
- Five stocks we like better than First Trust Alternative Absolute Return Strategy ETF
- Why is the Ex-Dividend Date Significant to Investors?
- AppLovin Insiders Sell Shares: Stock Price Indicated Higher
- Investing In Preferred Stock vs. Common Stock
- Broadcom’s Stellar Outlook Sparks Hopes for a Semi Sector Rally
- 3 Warren Buffett Stocks to Buy Now
- Salesforce’s Clear Path to $400 and Beyond
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.