First Trust Alternative Absolute Return Strategy ETF (FAAR) Price, Holdings, & News $27.79 -0.21 (-0.75%) (As of 12/1/2023 ET) Add Share Share Today's Range$27.73▼$28.0050-Day Range$27.61▼$29.0452-Week Range$25.85▼$31.13Volume22,793 shsAverage Volume33,312 shsMarket Capitalization$165.35 millionAssets Under Management$162.52 millionDividend Yield8.46%Net Expense Ratio0.95% Stock AnalysisStock AnalysisChartDividendHeadlinesHoldingsOwnershipShort InterestSocial MediaStock AnalysisChartDividendHeadlinesHoldingsOwnershipShort InterestSocial Media About First Trust Alternative Absolute Return Strategy ETF (NASDAQ:FAAR)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.Read More FAAR Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart FAAR ETF News HeadlinesOctober 31, 2023 | usatoday.comChristopher J. Day’s Visionary Approach Towards Inclusive Investing with Innovative ETF StrategiesSeptember 14, 2023 | thestreet.comFirst Trust Alternative Absolute Return Strategy ETFDecember 2, 2023 | DTI Trader (Ad)New CBOE “special perk” helps traders target income every weekendYou might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange. July 21, 2023 | finance.yahoo.comFAAR - First Trust Alternative Absolute Return Strategy ETFJuly 15, 2023 | investing.comFirst Trust Multi-Strategy Alternative ETF (LALT)June 28, 2023 | msn.comFirst Trust Active Factor Large Cap ETF declares quarterly distribution of $0.0716June 28, 2023 | msn.comFirst Trust Alternative Absolute Return Strategy ETF declares quarterly distribution of $0.2293June 27, 2023 | msn.comSome advisors are flocking to alternative investments, survey finds. What investors need to knowDecember 2, 2023 | DTI Trader (Ad)All the trading advice you’ve ever received boils down to thisAll the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.May 12, 2023 | fool.comAbsolute Shares Trust - Wbi BullBear Value 3000 ETF (NYSEMKT: WBIF)See More Headlines Receive FAAR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for First Trust Alternative Absolute Return Strategy ETF and its competitors with MarketBeat's FREE daily newsletter. Email Address Fund Details IssuerFirst Trust Fund NameFirst Trust Alternative Absolute Return Strategy ETF Tax ClassificationRegulated Investment Company Stock ExchangeNASDAQCurrent SymbolNASDAQ:FAAR Inception Date5/18/2016 Fund ManagerJohn Gambla, Rob Guttschow WebN/A PhoneN/AFund Focus Asset ClassCommodities BenchmarkN/A CategoryAbsolute Returns FocusLong/Short Development LevelBlended Development RegionGlobal Number of Holdings11 Fund Statistics Assets Under Management$162.52 million Average Daily Volume$30,532.00 Discount/Premium-0.02% Administrator, Advisor and Custodian AdministratorBrown Brothers Harriman & Co. AdvisorFirst Trust Advisors L.P. CustodianBrown Brothers Harriman & Co. DistributorFirst Trust Portfolios L.P. Transfer AgentBrown Brothers Harriman & Co. TrusteeN/A Lead Market MakerJane Street Options OptionableN/A Short Interest4,600 shs Miscellaneous Outstanding Shares5,950,000Beta0.10 Creation Unit50,000 Creation Fee$500.00 The Best High-Yield Dividend Stocks for 2023Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.Get This Free Report First Trust Alternative Absolute Return Strategy ETF ExpensesTypeFAARLong/Short ETFsCommodities ETFsNASDAQ ETFsAll ETFsManagement Fee0.95%0.82%0.66%0.47%0.51%Other Expenses0.00%2.04%0.27%0.29%0.57%Total Expense0.95%2.16%0.77%0.56%0.69%Fee Waiver0.00%-2.54%-0.18%-0.21%-0.58%Net Expense0.95%1.02%0.70%0.52%0.57% First Trust Alternative Absolute Return Strategy ETF (FAAR) HoldingsTop 10 FAAR HoldingsFt Cayman Subsidiary IiiHolding Weight: 19.88%Morgan Stanley Instl Lqudty Trs InstlHolding Weight: 10.86%Dreyfus Government Cash Mgmt InstlHolding Weight: 9.14%Us DollarsHolding Weight: 6.88%United States Treasury BillsHolding Weight: 6.82%United States Treasury BillsHolding Weight: 6.79%United States Treasury BillsHolding Weight: 6.76%United States Treasury BillsHolding Weight: 6.76%United States Treasury BillsHolding Weight: 6.73%United States Treasury Notes 0.38%Holding Weight: 6.50%Full Holdings Details Institutional OwnershipB. Riley Wealth Advisors Inc.Bought 5,636 shares on 12/1/2023Ownership: 0.375%Comerica BankBought 1,485 shares on 11/21/2023Ownership: 0.025%Maripau Wealth Management LLCSold 1,571 shares on 11/16/2023Ownership: 0.182%Harbour Investments Inc.Sold 2,212 shares on 11/16/2023Ownership: 0.158%Scotia Capital Inc.Bought 2,878 shares on 11/15/2023Ownership: 0.423%View All Institutional Transactions FAAR ETF - Frequently Asked Questions How have FAAR shares performed in 2023? First Trust Alternative Absolute Return Strategy ETF's stock was trading at $29.88 at the start of the year. Since then, FAAR shares have decreased by 7.0% and is now trading at $27.79. View the best growth stocks for 2023 here. Are investors shorting First Trust Alternative Absolute Return Strategy ETF? First Trust Alternative Absolute Return Strategy ETF saw a decline in short interest during the month of November. As of November 15th, there was short interest totaling 4,600 shares, a decline of 94.7% from the October 31st total of 87,000 shares. Based on an average daily volume of 22,700 shares, the days-to-cover ratio is presently 0.2 days. View First Trust Alternative Absolute Return Strategy ETF's Short Interest. How often does First Trust Alternative Absolute Return Strategy ETF pay dividends? What is the dividend yield for First Trust Alternative Absolute Return Strategy ETF? First Trust Alternative Absolute Return Strategy ETF declared a quarterly dividend on Thursday, September 21st. Investors of record on Monday, September 25th will be paid a dividend of $0.2297 per share on Friday, September 29th. This represents a $0.92 annualized dividend and a dividend yield of 3.31%. The ex-dividend date is Friday, September 22nd. Read our dividend analysis for FAAR. What does FAAR invest in? First Trust Alternative Absolute Return Strategy ETF is a commodities fund issued by First Trust. FAAR focuses on long/short investments. The fund's investments total to approximately $162.52 million assets under management. What is the management fee for First Trust Alternative Absolute Return Strategy ETF? First Trust Alternative Absolute Return Strategy ETF's management fee is 0.95% and has no other recorded expenses or fee waivers. The net expense ratio for FAAR is 0.95%. What other stocks do shareholders of First Trust Alternative Absolute Return Strategy ETF own? Based on aggregate information from My MarketBeat watchlists, some companies that other First Trust Alternative Absolute Return Strategy ETF investors own include Cognizant Technology Solutions (CTSH), Canadian Imperial Bank of Commerce (CM), Mack-Cali Realty (CLI), CONSOL Coal Resources (CCR), CaixaBank (CAIXY), Bankwell Financial Group (BWFG), BlackRock New York Municipal Income Trust (BNY) and ATI (ATI). Who are First Trust Alternative Absolute Return Strategy ETF's major shareholders? First Trust Alternative Absolute Return Strategy ETF's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Envestnet Asset Management Inc. (11.45%), LPL Financial LLC (6.73%), AE Wealth Management LLC (6.06%), HighTower Advisors LLC (3.99%), Bank of New York Mellon Corp (2.04%) and Avantax Advisory Services Inc. (2.02%). How do I buy shares of First Trust Alternative Absolute Return Strategy ETF? Shares of FAAR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. This page (NASDAQ:FAAR) was last updated on 12/2/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. 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