Cetera Investment Advisers Raises Position in First Trust EIP Carbon Impact ETF $ECLN

Cetera Investment Advisers grew its holdings in shares of First Trust EIP Carbon Impact ETF (NYSEARCA:ECLN) by 3.3% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 50,113 shares of the company’s stock after acquiring an additional 1,620 shares during the quarter. Cetera Investment Advisers owned about 10.02% of First Trust EIP Carbon Impact ETF worth $1,592,000 at the end of the most recent quarter.

Separately, Summit Investment Advisors Inc. grew its position in First Trust EIP Carbon Impact ETF by 7.3% in the first quarter. Summit Investment Advisors Inc. now owns 15,949 shares of the company’s stock worth $489,000 after acquiring an additional 1,086 shares in the last quarter.

First Trust EIP Carbon Impact ETF Trading Up 0.7%

Shares of First Trust EIP Carbon Impact ETF stock opened at $34.59 on Tuesday. The firm has a market capitalization of $19.02 million, a PE ratio of -122.67 and a beta of 0.62. First Trust EIP Carbon Impact ETF has a 12 month low of $27.73 and a 12 month high of $33.28. The business’s 50-day moving average price is $33.62 and its 200-day moving average price is $32.60.

About First Trust EIP Carbon Impact ETF

The First Trust EIP Carbon Impact ETF (ECLN) is an exchange-traded fund that is based on the PHLX Utility Sector index. The fund is an actively-managed fund comprised of developed-economy equities of companies committed to a reduction of carbon emissions. ECLN was launched on Aug 19, 2019 and is managed by First Trust.