First Trust CEF Income Opportunity ETF Stock Forecast, Price & News

Wall Street analysts have given First Trust CEF Income Opportunity ETF a "N/A" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but First Trust CEF Income Opportunity ETF wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

First Trust CEF Income Opportunity ETF saw a increase in short interest in May. As of May 14th, there was short interest totaling 9,900 shares, an increase of 175.0% from the April 29th total of 3,600 shares. Based on an average trading volume of 5,100 shares, the days-to-cover ratio is presently 1.9 days.
View First Trust CEF Income Opportunity ETF's Short Interest.

First Trust CEF Income Opportunity ETF's stock was trading at $18.86 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, FCEF shares have increased by 32.2% and is now trading at $24.94.
View which stocks have been most impacted by COVID-19.

First Trust CEF Income Opportunity ETF announced a monthly dividend on Monday, May 10th. Shareholders of record on Wednesday, May 12th will be given a dividend of $0.10 per share on Friday, May 28th. This represents a $1.20 dividend on an annualized basis and a yield of 4.81%. The ex-dividend date of this dividend is Tuesday, May 11th. This is a positive change from First Trust CEF Income Opportunity ETF's previous monthly dividend of $0.09.
View First Trust CEF Income Opportunity ETF's dividend history.

First Trust CEF Income Opportunity ETF pays an annual dividend of $1.12 per share and currently has a dividend yield of 4.44%. FCEF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
View First Trust CEF Income Opportunity ETF's dividend history.

Based on aggregate information from My MarketBeat watchlists, some companies that other First Trust CEF Income Opportunity ETF investors own include AbbVie (ABBV), The Clorox (CLX), Federal Realty Investment Trust (FRT), The Gabelli Utility Trust (GUT), Iron Mountain (IRM), 3M (MMM), Realty Income (O), Exxon Mobil (XOM), Abbott Laboratories (ABT) and Arbor Realty Trust (ABR).

First Trust CEF Income Opportunity ETF trades on the NASDAQ under the ticker symbol "FCEF."

First Trust CEF Income Opportunity ETF's stock is owned by many different retail and institutional investors. Top institutional investors include Capital Investment Advisory Services LLC (16.43%), Sterling Manor Financial LLC (7.01%), Citadel Advisors LLC (3.18%), UBS Group AG (2.96%), IFP Advisors Inc (0.72%) and GPS Wealth Strategies Group LLC (0.53%).

FCEF stock was sold by a variety of institutional investors in the last quarter, including UBS Group AG, and Sterling Manor Financial LLC.

FCEF stock was bought by a variety of institutional investors in the last quarter, including Capital Investment Advisory Services LLC, GPS Wealth Strategies Group LLC, First Horizon Advisors Inc., IFP Advisors Inc, and Citadel Advisors LLC.

Shares of FCEF 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.

One share of FCEF stock can currently be purchased for approximately $24.94.

First Trust CEF Income Opportunity ETF has a market capitalization of $35.04 million.