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.
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First Trust CEF Income Opportunity ETF saw a drop in short interest in August. As of August 31st, there was short interest totaling 15,100 shares, a drop of 43.4% from the August 15th total of 26,700 shares. Based on an average trading volume of 5,600 shares, the days-to-cover ratio is currently 2.7 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 COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, FCEF stock has increased by 32.2% and is now trading at $24.9267.
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First Trust CEF Income Opportunity ETF announced a monthly dividend on Monday, September 13th. Stockholders of record on Wednesday, September 15th will be paid a dividend of $0.105 per share on Thursday, September 30th. This represents a $1.26 dividend on an annualized basis and a yield of 5.05%. The ex-dividend date of this dividend is Tuesday, September 14th. This is a positive change from First Trust CEF Income Opportunity ETF's previous monthly dividend of $0.10.
View First Trust CEF Income Opportunity ETF's dividend history.

First Trust CEF Income Opportunity ETF pays an annual dividend of $1.16 per share and currently has a dividend yield of 4.54%. 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 a variety of retail and institutional investors. Top institutional shareholders include Capital Investment Advisory Services LLC (17.35%), LPL Financial LLC (7.13%), Sterling Manor Financial LLC (5.42%), Susquehanna International Group LLP (2.02%), Citadel Advisors LLC (1.31%) and Royal Bank of Canada (1.01%).

FCEF stock was sold by a variety of institutional investors in the last quarter, including Citadel Advisors LLC, Sterling Manor Financial LLC, and IFP Advisors Inc.

FCEF stock was acquired by a variety of institutional investors in the last quarter, including Capital Investment Advisory Services LLC, Susquehanna International Group LLP, Cambridge Investment Research Advisors Inc., LPL Financial LLC, Royal Bank of Canada, and Advisor Group Holdings Inc..

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.
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One share of FCEF stock can currently be purchased for approximately $24.93.

First Trust CEF Income Opportunity ETF has a market capitalization of $37.51 million.