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NASDAQ:FAAR

First Trust Alternative Absolute Return Strategy ETF Stock Forecast, Price & News

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Today's Range N/A
50-Day Range
$26.12
MA: $26.67
$27.13
52-Week Range N/A
Volume13,765 shs
Average Volume14,622 shs
Market Capitalization$50.81 million
P/E RatioN/A
Dividend Yield1.02%
BetaN/A

Basic Details

Issuer First Trust
Fund NameFirst Trust Alternative Absolute Return Strategy ETF
Tax ClassificationRegulated Investment Company
SymbolNASDAQ:FAAR
Inception Date5/18/2016
Fund ManagerJohn Gambla, Rob A. Guttschow, Daniel J. Lindquist, Jon C. Erickson, David G. McGarel, Roger F. Testin
WebN/A
PhoneN/A

Fund Focus

Asset ClassCommodities
BenchmarkNot Applicable
CategoryAbsolute Returns
FocusLong/Short
Development LevelBlended Development
RegionGlobal

Fund Statistics

Assets Under Management$41.13 million
Average Daily Volume$39,811.90
Discount/Premium-0.05%

ETF Expenses

Management Fee0.95%
Other Expenses0.00%
Total Expenses0.95%
Fee Waiver0.00%
Net Expenses0.95%

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.
Trustee
Lead Market MakerJane Street
30 days | 90 days | 365 days | Advanced Chart

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First Trust Alternative Absolute Return Strategy ETF (NASDAQ:FAAR) Frequently Asked Questions

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 Wednesday, June 24th. Shareholders of record on Friday, June 26th will be given a dividend of $0.009 per share on Tuesday, June 30th. This represents a $0.04 annualized dividend and a yield of ∞. The ex-dividend date of this dividend is Thursday, June 25th.
View First Trust Alternative Absolute Return Strategy ETF's dividend history
.

Are investors shorting First Trust Alternative Absolute Return Strategy ETF?

First Trust Alternative Absolute Return Strategy ETF saw a increase in short interest in the month of September. As of September 30th, there was short interest totaling 12,600 shares, an increase of 117.2% from the September 15th total of 5,800 shares. Based on an average trading volume of 14,000 shares, the days-to-cover ratio is currently 0.9 days.
View First Trust Alternative Absolute Return Strategy ETF's Short Interest
.

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 WidePoint (WYY), Daimler (DDAIF), 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 Allegheny Technologies (ATI).

What is First Trust Alternative Absolute Return Strategy ETF's stock symbol?

First Trust Alternative Absolute Return Strategy ETF trades on the NASDAQ under the ticker symbol "FAAR."

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 number of retail and institutional investors. Top institutional shareholders include Envestnet Asset Management Inc. (18.67%), Avantax Advisory Services Inc. (5.16%) and NEXT Financial Group Inc (0.06%).

Which institutional investors are buying First Trust Alternative Absolute Return Strategy ETF stock?

FAAR stock was acquired by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., Avantax Advisory Services Inc., and NEXT Financial Group Inc.

How do I buy shares of First Trust Alternative Absolute Return Strategy ETF?

Shares of FAAR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

How big of a company is First Trust Alternative Absolute Return Strategy ETF?

First Trust Alternative Absolute Return Strategy ETF has a market capitalization of $0.00.

This page was last updated on 10/24/2020 by MarketBeat.com Staff

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