Jane Street Group LLC Sells 45,453 Shares of First Trust Alternative Absolute Return Strategy ETF (NASDAQ:FAAR)

Jane Street Group LLC lowered its stake in shares of First Trust Alternative Absolute Return Strategy ETF (NASDAQ:FAAR) by 77.7% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 13,081 shares of the company’s stock after selling 45,453 shares during the period. Jane Street Group LLC owned approximately 0.37% of First Trust Alternative Absolute Return Strategy ETF worth $364,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Benjamin F. Edwards & Company Inc. raised its position in First Trust Alternative Absolute Return Strategy ETF by 3.1% in the 2nd 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 last quarter. Focus Financial Network Inc. raised its position in First Trust Alternative Absolute Return Strategy ETF by 8.1% in the 3rd 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 last quarter. Pinnacle Family Advisors LLC raised its position 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 valued at $690,000 after buying an additional 1,484 shares during the last quarter. Hershey Financial Advisers LLC acquired a new stake in First Trust Alternative Absolute Return Strategy ETF in the 2nd quarter valued at approximately $51,000. Finally, Cetera Investment Advisers raised its position in First Trust Alternative Absolute Return Strategy ETF by 3.0% in the 2nd quarter. Cetera Investment Advisers now owns 115,615 shares of the company’s stock valued at $3,285,000 after buying an additional 3,358 shares during the last quarter.

First Trust Alternative Absolute Return Strategy ETF Stock Down 0.4 %

NASDAQ:FAAR opened at $28.31 on Thursday. First Trust Alternative Absolute Return Strategy ETF has a twelve month low of $27.22 and a twelve month high of $29.44. The stock’s 50 day moving average price is $27.98 and its two-hundred day moving average price is $28.16.

First Trust Alternative Absolute Return Strategy ETF Announces Dividend

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 17th were given a dividend of $0.3264 per share. The ex-dividend date of this dividend was Tuesday, December 17th.

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.