Forty three Eighteen Advisors LLC Takes $1.66 Million Position in First Trust S-Network Future Vehicles & Technology ETF $CARZ

Forty three Eighteen Advisors LLC bought a new position in shares of First Trust S-Network Future Vehicles & Technology ETF (NASDAQ:CARZ) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 21,288 shares of the exchange traded fund’s stock, valued at approximately $1,658,000. First Trust S-Network Future Vehicles & Technology ETF comprises approximately 1.3% of Forty three Eighteen Advisors LLC’s portfolio, making the stock its 21st biggest holding. Forty three Eighteen Advisors LLC owned 3.55% of First Trust S-Network Future Vehicles & Technology ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also modified their holdings of the company. Raymond James Financial Inc. purchased a new position in First Trust S-Network Future Vehicles & Technology ETF in the second quarter valued at about $59,000. Jane Street Group LLC increased its holdings in First Trust S-Network Future Vehicles & Technology ETF by 77.4% during the 2nd quarter. Jane Street Group LLC now owns 7,090 shares of the exchange traded fund’s stock worth $439,000 after purchasing an additional 3,094 shares during the last quarter. Osaic Holdings Inc. raised its position in shares of First Trust S-Network Future Vehicles & Technology ETF by 24.6% in the 2nd quarter. Osaic Holdings Inc. now owns 2,566 shares of the exchange traded fund’s stock valued at $159,000 after purchasing an additional 506 shares in the last quarter. Envestnet Asset Management Inc. raised its position in shares of First Trust S-Network Future Vehicles & Technology ETF by 6.4% in the 3rd quarter. Envestnet Asset Management Inc. now owns 7,460 shares of the exchange traded fund’s stock valued at $542,000 after purchasing an additional 446 shares in the last quarter. Finally, GeoWealth Management LLC purchased a new position in shares of First Trust S-Network Future Vehicles & Technology ETF during the 3rd quarter valued at approximately $740,000.

First Trust S-Network Future Vehicles & Technology ETF Stock Performance

CARZ stock opened at $119.94 on Friday. First Trust S-Network Future Vehicles & Technology ETF has a twelve month low of $58.69 and a twelve month high of $123.17. The company has a market capitalization of $59.97 million, a P/E ratio of 18.05 and a beta of 1.40. The firm has a 50 day simple moving average of $108.52 and a 200-day simple moving average of $91.56.

First Trust S-Network Future Vehicles & Technology ETF Profile

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. Securities are selected and weighted by market-cap. CARZ was launched on May 9, 2011 and is managed by First Trust.