International Assets Investment Management LLC Sells 16,059 Shares of First Trust S-Network Future Vehicles & Technology ETF (NASDAQ:CARZ)
International Assets Investment Management LLC lowered its holdings in shares of First Trust S-Network Future Vehicles & Technology ETF (NASDAQ:CARZ – Free Report) by 73.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,918 shares of the exchange traded fund’s stock after selling 16,059 shares during the quarter. International Assets Investment Management LLC owned about 0.85% of First Trust S-Network Future Vehicles & Technology ETF worth $337,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors have also modified their holdings of the business. Sigma Planning Corp raised its holdings in shares of First Trust S-Network Future Vehicles & Technology ETF by 5.7% during the 3rd quarter. Sigma Planning Corp now owns 19,326 shares of the exchange traded fund’s stock valued at $990,000 after purchasing an additional 1,043 shares in the last quarter. Commonwealth Equity Services LLC bought a new position in shares of First Trust S-Network Future Vehicles & Technology ETF during the 3rd quarter valued at $204,000. Finally, Global Retirement Partners LLC bought a new position in shares of First Trust S-Network Future Vehicles & Technology ETF during the 4th quarter valued at $153,000.
First Trust S-Network Future Vehicles & Technology ETF Trading Up 1.2 %
First Trust S-Network Future Vehicles & Technology ETF stock opened at $59.69 on Thursday. The company has a market capitalization of $38.80 million, a P/E ratio of 17.65 and a beta of 1.27. The firm’s fifty day simple moving average is $57.53 and its 200-day simple moving average is $55.80. First Trust S-Network Future Vehicles & Technology ETF has a 1-year low of $46.26 and a 1-year high of $60.00.
First Trust S-Network Future Vehicles & Technology ETF Cuts Dividend
The company also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 22nd were issued a $0.066 dividend. The ex-dividend date was Thursday, March 21st. This represents a $0.26 annualized dividend and a yield of 0.44%.
About First Trust S-Network Future Vehicles & Technology ETF
The First Trust S-Network Future Vehicles & Technology ETF (CARZ) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index that provides exposure to electric and autonomous vehicles and the technology essential for the supply and production of these vehicles.
Further Reading
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