First Trust Alternative Absolute Return Strategy ETF (NASDAQ:FAAR) Stock Position Raised by RFG Advisory LLC

RFG Advisory LLC grew its position in First Trust Alternative Absolute Return Strategy ETF (NASDAQ:FAAR) by 3.5% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 14,427 shares of the company’s stock after purchasing an additional 484 shares during the period. RFG Advisory LLC owned approximately 0.29% of First Trust Alternative Absolute Return Strategy ETF worth $415,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. International Assets Investment Management LLC bought a new position in First Trust Alternative Absolute Return Strategy ETF in the 4th quarter worth about $2,880,000. Walkner Condon Financial Advisors LLC grew its position in First Trust Alternative Absolute Return Strategy ETF by 818.5% in the 4th quarter. Walkner Condon Financial Advisors LLC now owns 96,475 shares of the company’s stock worth $2,639,000 after purchasing an additional 85,971 shares during the last quarter. Cambridge Investment Research Advisors Inc. grew its position in First Trust Alternative Absolute Return Strategy ETF by 7.4% in the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 79,859 shares of the company’s stock worth $2,184,000 after purchasing an additional 5,516 shares during the last quarter. IFP Advisors Inc grew its position in First Trust Alternative Absolute Return Strategy ETF by 8.1% in the 4th quarter. IFP Advisors Inc now owns 72,368 shares of the company’s stock worth $1,979,000 after purchasing an additional 5,407 shares during the last quarter. Finally, Atria Wealth Solutions Inc. grew its position in First Trust Alternative Absolute Return Strategy ETF by 4.9% in the 4th quarter. Atria Wealth Solutions Inc. now owns 58,961 shares of the company’s stock worth $1,613,000 after purchasing an additional 2,744 shares during the last quarter.

First Trust Alternative Absolute Return Strategy ETF Stock Performance

NASDAQ FAAR opened at $28.71 on Tuesday. The company has a 50-day moving average price of $28.50 and a two-hundred day moving average price of $28.27. First Trust Alternative Absolute Return Strategy ETF has a 52 week low of $26.42 and a 52 week high of $30.00.

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.