First Trust S-Network Future Vehicles & Technology ETF (NASDAQ:CARZ) Share Price Crosses Below Fifty Day Moving Average of $57.57

First Trust S-Network Future Vehicles & Technology ETF (NASDAQ:CARZ)’s share price crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $57.57 and traded as low as $56.99. First Trust S-Network Future Vehicles & Technology ETF shares last traded at $56.99, with a volume of 971 shares traded.

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

The company has a market capitalization of $37.04 million, a price-to-earnings ratio of 14.62 and a beta of 1.27. The company has a 50-day moving average price of $57.57 and a 200-day moving average price of $54.39.

First Trust S-Network Future Vehicles & Technology ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 22nd were issued a dividend of $0.066 per share. This represents a $0.26 dividend on an annualized basis and a yield of 0.46%. The ex-dividend date was Thursday, March 21st.

Institutional Investors Weigh In On First Trust S-Network Future Vehicles & Technology ETF

Large investors have recently bought and sold shares of the company. Pacific Center for Financial Services acquired a new position in shares of First Trust S-Network Future Vehicles & Technology ETF in the 1st quarter valued at $26,000. Coppell Advisory Solutions LLC acquired a new position in First Trust S-Network Future Vehicles & Technology ETF in the second quarter valued at about $31,000. UBS Group AG increased its holdings in shares of First Trust S-Network Future Vehicles & Technology ETF by 231.4% in the third quarter. UBS Group AG now owns 1,541 shares of the exchange traded fund’s stock worth $79,000 after acquiring an additional 1,076 shares in the last quarter. Global Retirement Partners LLC acquired a new stake in shares of First Trust S-Network Future Vehicles & Technology ETF during the fourth quarter worth about $153,000. Finally, Stifel Financial Corp bought a new position in shares of First Trust S-Network Future Vehicles & Technology ETF during the 2nd quarter valued at about $216,000.

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.