14,275 Shares in First Trust Alternative Absolute Return Strategy ETF (NASDAQ:FAAR) Acquired by World Investment Advisors LLC

World Investment Advisors LLC acquired a new position in First Trust Alternative Absolute Return Strategy ETF (NASDAQ:FAAR) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 14,275 shares of the company’s stock, valued at approximately $397,000.

Several other institutional investors have also recently added to or reduced their stakes in FAAR. Hershey Financial Advisers LLC acquired a new position in First Trust Alternative Absolute Return Strategy ETF in the second quarter valued at approximately $51,000. TFB Advisors LLC acquired a new position in First Trust Alternative Absolute Return Strategy ETF in the third quarter valued at approximately $201,000. Benjamin F. Edwards & Company Inc. lifted its stake in First Trust Alternative Absolute Return Strategy ETF by 3.1% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 13,260 shares of the company’s stock valued at $377,000 after buying an additional 398 shares during the period. Focus Financial Network Inc. lifted its stake in First Trust Alternative Absolute Return Strategy ETF by 8.1% in the third quarter. Focus Financial Network Inc. now owns 13,926 shares of the company’s stock valued at $388,000 after buying an additional 1,040 shares during the period. Finally, Benjamin Edwards Inc. lifted its stake in First Trust Alternative Absolute Return Strategy ETF by 2,475.2% in the third quarter. Benjamin Edwards Inc. now owns 14,730 shares of the company’s stock valued at $410,000 after buying an additional 14,158 shares during the period.

First Trust Alternative Absolute Return Strategy ETF Price Performance

Shares of 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 business’s 50 day moving average price is $27.92 and its two-hundred day moving average price is $28.20.

First Trust Alternative Absolute Return Strategy ETF Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 17th will be issued a dividend of $0.3264 per share. The ex-dividend date is Tuesday, December 17th.

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.