NASDAQ:FAAR First Trust Alternative Absolute Return Strategy ETF (FAAR) Price, Holdings, & News $29.24 -0.14 (-0.48%) (As of 05/26/2023 08:46 PM ET) Add Share Share Today's Range$29.21▼$29.4050-Day Range$28.52▼$29.3852-Week Range$28.24▼$36.16Volume25,800 shsAverage Volume35,795 shsMarket Capitalization$192.98 millionAssets Under Management$191.90 millionDividend Yield6.46%Net Expense Ratio0.95% ProfileProfileChartDividendHeadlinesHoldingsShort InterestSocial MediaProfileChartDividendHeadlinesHoldingsShort 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 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 FAAR ETF News HeadlinesMay 12, 2023 | fool.comAbsolute Shares Trust - Wbi BullBear Value 3000 ETF (NYSEMKT: WBIF)May 2, 2023 | fool.comFirst Trust Exchange-Traded Fund VI - First Trust Nasdaq Food & Beverage ETF (NASDAQ: FTXG)May 29, 2023 | UNKNOWN (Ad)The Stock That's Brining Lithium Back To America!The American Energy Crisis Is Very Real And This Stock Is Solving That Problem On U.S SoilMarch 27, 2023 | seekingalpha.comFirst Trust Expanded Technology ETF declares quarterly distribution of $0.0211March 25, 2023 | msn.comFirst Trust Alternative Absolute Return Strategy ETF declares quarterly distribution of $0.1588January 16, 2023 | finance.yahoo.comAlternative ETF Strategies to Navigate the Challenges AheadOctober 28, 2022 | nasdaq.comFirst Trust Capital Strength Breaks Above 200-Day Moving Average - Bullish for FTCSOctober 20, 2022 | technews.tmcnet.comFirst Trust Intermediate Duration Preferred & Income Fund Declares its Monthly Common Share Distribution of $0.1125 Per Share for NovemberMay 29, 2023 | UNKNOWN (Ad)This Company Is Solving A Multi-Billion Dollar Problem!This Little Known NASDAQ Stock is Solving a Multi-Billion Dollar Problem!October 11, 2022 | cnbc.comThis ETF's focus on total return has made it a rare winner over the past year. Here's how it worksSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 Holdings4 Fund Statistics Assets Under Management$191.90 million Average Daily Volume$52,282.00 Discount/Premium0.62% 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 Interest53,900 shs Miscellaneous Outstanding Shares6,600,000Beta0.10 Creation Unit50,000 Creation Fee$500.00 First Trust Alternative Absolute Return Strategy ETF ExpensesTypeFAARLong/Short ETFsCommodities ETFsNASDAQ ETFsAll ETFsManagement Fee0.95%0.80%0.68%0.45%0.49%Other Expenses0.00%2.11%0.27%0.28%0.51%Total Expense0.95%2.11%0.79%0.54%0.66%Fee Waiver0.00%-2.93%-0.16%-0.21%-0.52%Net Expense0.95%1.00%0.72%0.50%0.55% First Trust Alternative Absolute Return Strategy ETF (FAAR) HoldingsTop 10 FAAR HoldingsDreyfus Government Cash Mgmt InstlHolding Weight: 27.15%Dreyfus Government Cash Mgmt InstlHolding Weight: 27.15%Morgan Stanley Instl Lqudty Trs InstlHolding Weight: 27.15%Morgan Stanley Instl Lqudty Trs InstlHolding Weight: 27.15%Ft Cayman Subsidiary IiiHolding Weight: 19.33%Ft Cayman Subsidiary IiiHolding Weight: 19.33%United States Treasury BillsHolding Weight: 13.83%United States Treasury BillsHolding Weight: 13.83%Us DollarsHolding Weight: 6.39%Us DollarsHolding Weight: 6.39%Full Holdings Details Institutional OwnershipB. Riley Wealth Advisors Inc.Bought 4,501 shares on 5/17/2023Ownership: 0.212%Sunbelt Securities Inc.Bought 1,154 shares on 5/17/2023Ownership: 0.017%Snowden Capital Advisors LLCBought 462 shares on 5/16/2023Ownership: 0.392%Harbour Investments Inc.Sold 356 shares on 5/16/2023Ownership: 0.186%First Trust Advisors LPBought 8,639 shares on 5/16/2023Ownership: 0.131%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 2.1% and is now trading at $29.24. 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 increase in short interest in May. As of May 15th, there was short interest totaling 53,900 shares, an increase of 41.8% from the April 30th total of 38,000 shares. Based on an average trading volume of 33,700 shares, the short-interest ratio is presently 1.6 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, March 23rd. Investors of record on Monday, March 27th will be paid a dividend of $0.159 per share on Friday, March 31st. This represents a $0.64 annualized dividend and a yield of 2.18%. The ex-dividend date is Friday, March 24th. 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 $191.90 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). 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 many different institutional and retail investors. Top institutional shareholders include Envestnet Asset Management Inc. (10.07%), LPL Financial LLC (9.42%), AE Wealth Management LLC (5.04%), Mercer Global Advisors Inc. ADV (3.34%), Cetera Investment Advisers (2.84%) and HighTower Advisors LLC (1.96%). 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. What is First Trust Alternative Absolute Return Strategy ETF's stock price today? One share of FAAR stock can currently be purchased for approximately $29.24. How much money does First Trust Alternative Absolute Return Strategy ETF make? First Trust Alternative Absolute Return Strategy ETF (NASDAQ:FAAR) has a market capitalization of $192.98 million. This page (NASDAQ:FAAR) was last updated on 5/29/2023 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. Adding First Trust Alternative Absolute Return Strategy ETF Please log in to your account or sign up in order to add this asset to your watchlist. 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