First Trust Alternative Absolute Return Strategy ETF (NASDAQ:FAAR) Shares Bought by Cetera Advisor Networks LLC

Cetera Advisor Networks LLC boosted its holdings in shares of First Trust Alternative Absolute Return Strategy ETF (NASDAQ:FAAR) by 37.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 12,295 shares of the company’s stock after purchasing an additional 3,363 shares during the quarter. Cetera Advisor Networks LLC owned about 1.45% of First Trust Alternative Absolute Return Strategy ETF worth $328,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Janney Montgomery Scott LLC purchased a new position in First Trust Alternative Absolute Return Strategy ETF in the 3rd quarter worth about $219,000. IFP Advisors Inc increased its stake in First Trust Alternative Absolute Return Strategy ETF by 6.4% in the 4th quarter. IFP Advisors Inc now owns 10,503 shares of the company’s stock worth $278,000 after buying an additional 628 shares during the period. RFG Advisory LLC increased its stake in First Trust Alternative Absolute Return Strategy ETF by 11.2% in the 4th quarter. RFG Advisory LLC now owns 18,111 shares of the company’s stock worth $480,000 after buying an additional 1,819 shares during the period. Strategic Wealth Advisors Group LLC purchased a new position in First Trust Alternative Absolute Return Strategy ETF in the 4th quarter worth about $490,000. Finally, Jane Street Group LLC bought a new position in First Trust Alternative Absolute Return Strategy ETF during the 4th quarter worth about $1,074,000.

First Trust Alternative Absolute Return Strategy ETF stock traded down $0.10 during midday trading on Friday, hitting $27.02. 17,258 shares of the company’s stock were exchanged, compared to its average volume of 18,703. First Trust Alternative Absolute Return Strategy ETF has a 12 month low of $26.33 and a 12 month high of $31.50.

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Institutional Ownership by Quarter for First Trust Alternative Absolute Return Strategy ETF (NASDAQ:FAAR)

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