Authentikos Wealth Advisory LLC Has $3.08 Million Position in First Trust Alternative Absolute Return Strategy ETF (NASDAQ:FAAR)

Authentikos Wealth Advisory LLC lessened its stake in shares of First Trust Alternative Absolute Return Strategy ETF (NASDAQ:FAAR) by 2.9% during the 4th quarter, Holdings Channel reports. The fund owned 109,937 shares of the company’s stock after selling 3,324 shares during the period. First Trust Alternative Absolute Return Strategy ETF comprises approximately 3.0% of Authentikos Wealth Advisory LLC’s holdings, making the stock its 9th largest position. Authentikos Wealth Advisory LLC’s holdings in First Trust Alternative Absolute Return Strategy ETF were worth $3,079,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Captrust Financial Advisors lifted its stake in shares of First Trust Alternative Absolute Return Strategy ETF by 8.1% during the 3rd quarter. Captrust Financial Advisors now owns 145,648 shares of the company’s stock worth $4,053,000 after purchasing an additional 10,941 shares during the last quarter. Assetmark Inc. raised its holdings in First Trust Alternative Absolute Return Strategy ETF by 138.1% in the third quarter. Assetmark Inc. now owns 115,762 shares of the company’s stock worth $3,222,000 after purchasing an additional 67,136 shares in the last quarter. Orion Portfolio Solutions LLC lifted its position in shares of First Trust Alternative Absolute Return Strategy ETF by 17.9% during the third quarter. Orion Portfolio Solutions LLC now owns 41,416 shares of the company’s stock valued at $1,153,000 after buying an additional 6,281 shares during the last quarter. CreativeOne Wealth LLC boosted its holdings in shares of First Trust Alternative Absolute Return Strategy ETF by 129.8% in the 3rd quarter. CreativeOne Wealth LLC now owns 36,632 shares of the company’s stock valued at $1,019,000 after buying an additional 20,690 shares in the last quarter. Finally, Pinnacle Family Advisors LLC grew its position in shares of First Trust Alternative Absolute Return Strategy ETF by 6.4% in the 3rd quarter. Pinnacle Family Advisors LLC now owns 24,798 shares of the company’s stock worth $690,000 after buying an additional 1,484 shares during the last quarter.

First Trust Alternative Absolute Return Strategy ETF Price Performance

NASDAQ:FAAR opened at $28.94 on Wednesday. First Trust Alternative Absolute Return Strategy ETF has a 52 week low of $27.42 and a 52 week high of $29.44. The firm has a 50 day moving average of $28.30 and a 200 day moving average of $28.15.

First Trust Alternative Absolute Return Strategy ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 17th were given a $0.3264 dividend. The ex-dividend date of this dividend was Tuesday, December 17th.

First Trust Alternative Absolute Return Strategy ETF Profile

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.