First Trust Alternative Absolute Return Strategy ETF (FAAR) Price, Holdings, & News

ETF Overview

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.

Key Stats

• Today's Range: $26.59 to $26.79
• 50-Day Range: $25.68 to $29.03
• 52-Week Range: $25.19 to $31.10
• Volume: 17,765 shs
• Average Volume: 25,421 shs
• Market Capitalization: $93.56 million
• Assets Under Management: $94.75 million
• Dividend Yield: 3.40%
• Net Expense Ratio: 1.01%
• Aggregate Rating: N/A

FAAR ETF - Frequently Asked Questions

How have FAAR shares performed this year?

First Trust Alternative Absolute Return Strategy ETF's stock was trading at $28.01 on January 1st, 2025. Since then, FAAR stock has decreased by 4.6% and is now trading at $26.7150.
View the best growth stocks for 2025 here.

Who are First Trust Alternative Absolute Return Strategy ETF's major shareholders?

First Trust Alternative Absolute Return Strategy ETF's top institutional investors include Envestnet Asset Management Inc. (9.99%), LPL Financial LLC (6.58%), Coppell Advisory Solutions LLC (5.29%) and Cetera Investment Advisers (4.82%).

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of First Trust Alternative Absolute Return Strategy ETF own?

Based on aggregate information from My MarketBeat watchlists, some other companies that First Trust Alternative Absolute Return Strategy ETF investors own include Ford Motor (F), Accenture (ACN), Bank of America (BAC), Blink Charging (BLNK), First Horizon (FHN), JPMorgan Chase & Co. (JPM) and SPDR S&P Regional Banking ETF (KRE).

Fund Details

• Issuer: First Trust
• Fund Name: First Trust Alternative Absolute Return Strategy ETF
• Tax Classification: Regulated Investment Company
• Stock Exchange: NASDAQ
• Current Symbol: NASDAQ:FAAR
• Inception Date: 5/18/2016
• Fund Manager: John Gambla, Rob Guttschow
• Web: N/A
• Phone: N/A

Fund Focus

• Asset Class: Commodities
• Benchmark: N/A
• Category: Absolute Returns
• Focus: Long/Short
• Development Level: Blended Development
• Region: Global
• Number of Holdings: 8

Fund Statistics

• Assets Under Management: $95.00 million
• Average Daily Volume: $17,744.30
• Discount/Premium: 0.06%

Administrator, Advisor and Custodian

• Administrator: Brown Brothers Harriman & Co.
• Advisor: First Trust Advisors L.P.
• Custodian: Brown Brothers Harriman & Co.
• Distributor: First Trust Portfolios L.P.
• Transfer Agent: Brown Brothers Harriman & Co.
• Trustee: N/A
• Lead Market Maker: Jane Street

Options

• Optionable: N/A
• Short Interest: 19,600 shs

Miscellaneous

• Outstanding Shares: 3,500,000
• Beta: 0.10
• Creation Unit: 50,000
• Creation Fee: $500.00