First Trust S-Network Future Vehicles & Technology ETF (NASDAQ:CARZ) Shares Pass Below 50 Day Moving Average – Time to Sell?

Shares of First Trust S-Network Future Vehicles & Technology ETF (NASDAQ:CARZ) passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $58.73 and traded as low as $54.82. First Trust S-Network Future Vehicles & Technology ETF shares last traded at $55.50, with a volume of 576 shares traded.

First Trust S-Network Future Vehicles & Technology ETF Price Performance

The business’s 50 day moving average is $58.73 and its two-hundred day moving average is $57.87. The firm has a market capitalization of $30.53 million, a PE ratio of 16.64 and a beta of 1.27.

First Trust S-Network Future Vehicles & Technology ETF Announces Dividend

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were paid a $0.2887 dividend. The ex-dividend date of this dividend was Friday, December 13th.

Institutional Investors Weigh In On First Trust S-Network Future Vehicles & Technology ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Wilmington Savings Fund Society FSB purchased a new position in shares of First Trust S-Network Future Vehicles & Technology ETF during the third quarter worth approximately $29,000. Stifel Financial Corp increased its stake in shares of First Trust S-Network Future Vehicles & Technology ETF by 5.4% in the third quarter. Stifel Financial Corp now owns 3,940 shares of the exchange traded fund’s stock worth $229,000 after buying an additional 203 shares during the period. Envestnet Asset Management Inc. boosted its holdings in First Trust S-Network Future Vehicles & Technology ETF by 22.2% in the fourth quarter. Envestnet Asset Management Inc. now owns 7,591 shares of the exchange traded fund’s stock valued at $441,000 after acquiring an additional 1,380 shares in the last quarter. Flow Traders U.S. LLC boosted its holdings in First Trust S-Network Future Vehicles & Technology ETF by 92.6% in the third quarter. Flow Traders U.S. LLC now owns 9,878 shares of the exchange traded fund’s stock valued at $573,000 after acquiring an additional 4,750 shares in the last quarter. Finally, Jane Street Group LLC boosted its holdings in First Trust S-Network Future Vehicles & Technology ETF by 69.6% in the third quarter. Jane Street Group LLC now owns 16,212 shares of the exchange traded fund’s stock valued at $940,000 after acquiring an additional 6,651 shares in the last quarter.

First Trust S-Network Future Vehicles & Technology ETF Company Profile

The First Trust S-Network Future Vehicles & Technology ETF (CARZ) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index that provides exposure to electric and autonomous vehicles and the technology essential for the supply and production of these vehicles.