NASDAQ:FAAR First Trust Alternative Absolute Return Strategy ETF (FAAR) Price, Holdings, & News $28.68 -0.17 (-0.59%) (As of 01:13 PM ET) Add Share Share Today's Range$28.63▼$28.9250-Day Range$28.30▼$29.9852-Week Range$25.85▼$32.29Volume9,204 shsAverage Volume35,148 shsMarket Capitalization$179.25 millionAssets Under Management$173.34 millionDividend Yield8.19%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 FAAR Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart FAAR ETF News HeadlinesSeptember 14, 2023 | thestreet.comFirst Trust Alternative Absolute Return Strategy ETFJuly 21, 2023 | finance.yahoo.comFAAR - First Trust Alternative Absolute Return Strategy ETFSeptember 29, 2023 | Behind the Markets (Ad)66,000% upside on tiny biotech?The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.July 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 knowMay 12, 2023 | fool.comAbsolute Shares Trust - Wbi BullBear Value 3000 ETF (NYSEMKT: WBIF)September 29, 2023 | Chaikin Analytics (Ad)This Stock Could Go Up 66% or More.Marc Chaikin built the system that isolated NVDA before it became the best-performing stock of 2023. Click here to get his latest buy. More here.May 2, 2023 | fool.comFirst Trust Exchange-Traded Fund VI - First Trust Nasdaq Food & Beverage ETF (NASDAQ: FTXG)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 Holdings12 Fund Statistics Assets Under Management$173.82 million Average Daily Volume$52,282.00 Discount/Premium0.07% 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 Interest32,300 shs Miscellaneous Outstanding Shares6,250,000Beta0.10 Creation Unit50,000 Creation Fee$500.00 Beginner's Guide to Pot Stock InvestingClick the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise. Get This Free Report First Trust Alternative Absolute Return Strategy ETF ExpensesTypeFAARLong/Short ETFsCommodities ETFsNASDAQ ETFsAll ETFsManagement Fee0.95%0.82%0.67%0.47%0.50%Other Expenses0.00%2.04%0.28%0.29%0.57%Total Expense0.95%2.16%0.78%0.56%0.69%Fee Waiver0.00%-2.54%-0.18%-0.22%-0.59%Net Expense0.95%1.02%0.70%0.51%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 OwnershipOsaic Holdings Inc.Bought 73,691 shares on 8/21/2023Ownership: 5.855%Coppell Advisory Solutions LLCBought 1,808 shares on 8/17/2023Ownership: 0.598%Harbour Investments Inc.Sold 634 shares on 8/15/2023Ownership: 0.186%Rockefeller Capital Management L.P.Sold 370 shares on 8/15/2023Ownership: 0.175%Royal Bank of CanadaBought 1,992 shares on 8/15/2023Ownership: 0.146%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 on January 1st, 2023. Since then, FAAR shares have decreased by 3.4% and is now trading at $28.85. 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 in the month of September. As of September 15th, there was short interest totaling 32,300 shares, a decline of 47.0% from the August 31st total of 61,000 shares. Based on an average trading volume of 34,600 shares, the days-to-cover ratio is presently 0.9 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 announced a quarterly dividend on Thursday, September 21st. Stockholders of record on Monday, September 25th will be given a dividend of $0.2297 per share on Friday, September 29th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 3.18%. The ex-dividend date of this dividend 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 $173.82 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." 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 $28.85. 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 $180.31 million. This page (NASDAQ:FAAR) was last updated on 9/29/2023 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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