PFG Advisors Acquires 9,976 Shares of First Trust Alternative Absolute Return Strategy ETF (NASDAQ:FAAR)

PFG Advisors grew its holdings in First Trust Alternative Absolute Return Strategy ETF (NASDAQ:FAAR) by 81.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 22,264 shares of the company’s stock after purchasing an additional 9,976 shares during the period. PFG Advisors’ holdings in First Trust Alternative Absolute Return Strategy ETF were worth $624,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. CreativeOne Wealth LLC grew its stake in First Trust Alternative Absolute Return Strategy ETF by 129.8% during the third quarter. CreativeOne Wealth LLC now owns 36,632 shares of the company’s stock valued at $1,019,000 after acquiring an additional 20,690 shares in the last quarter. Captrust Financial Advisors grew its stake in First Trust Alternative Absolute Return Strategy ETF by 8.1% in the 3rd quarter. Captrust Financial Advisors now owns 145,648 shares of the company’s stock worth $4,053,000 after buying an additional 10,941 shares in the last quarter. Benjamin Edwards Inc. grew its stake in First Trust Alternative Absolute Return Strategy ETF by 2,475.2% in the 3rd quarter. Benjamin Edwards Inc. now owns 14,730 shares of the company’s stock worth $410,000 after buying an additional 14,158 shares in the last quarter. Pinnacle Family Advisors LLC grew its stake in First Trust Alternative Absolute Return Strategy ETF by 6.4% in the 3rd 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. Finally, Orion Portfolio Solutions LLC boosted its stake in shares of First Trust Alternative Absolute Return Strategy ETF by 17.9% in the 3rd quarter. Orion Portfolio Solutions LLC now owns 41,416 shares of the company’s stock valued at $1,153,000 after purchasing an additional 6,281 shares in the last quarter.

First Trust Alternative Absolute Return Strategy ETF Stock Up 0.4 %

Shares of First Trust Alternative Absolute Return Strategy ETF stock opened at $28.20 on Friday. First Trust Alternative Absolute Return Strategy ETF has a 52-week low of $27.42 and a 52-week high of $31.10. The company has a fifty day moving average of $28.45 and a 200-day moving average of $28.14.

First Trust Alternative Absolute Return Strategy ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 17th were paid a $0.3264 dividend. The ex-dividend date of this dividend was Tuesday, December 17th.

First Trust Alternative Absolute Return Strategy ETF 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.