Envestnet Asset Management Inc. Increases Stock Holdings in First Trust S-Network Future Vehicles & Technology ETF $CARZ

Envestnet Asset Management Inc. raised its holdings in First Trust S-Network Future Vehicles & Technology ETF (NASDAQ:CARZ) by 12.4% in the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 7,014 shares of the exchange traded fund’s stock after buying an additional 773 shares during the quarter. Envestnet Asset Management Inc. owned about 1.56% of First Trust S-Network Future Vehicles & Technology ETF worth $435,000 at the end of the most recent reporting period.

Separately, LPL Financial LLC raised its position in shares of First Trust S-Network Future Vehicles & Technology ETF by 5.8% in the 1st quarter. LPL Financial LLC now owns 42,569 shares of the exchange traded fund’s stock valued at $2,275,000 after purchasing an additional 2,328 shares during the last quarter.

First Trust S-Network Future Vehicles & Technology ETF Stock Up 0.7%

CARZ stock opened at $74.10 on Wednesday. First Trust S-Network Future Vehicles & Technology ETF has a 52 week low of $41.10 and a 52 week high of $79.50. The stock has a market capitalization of $33.35 million, a PE ratio of 18.05 and a beta of 1.27. The firm has a 50 day moving average of $74.93 and a 200 day moving average of $67.21.

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

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Thursday, September 25th were paid a $0.2889 dividend. The ex-dividend date was Thursday, September 25th. This represents a $1.16 dividend on an annualized basis and a yield of 1.6%.

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.