Farther Finance Advisors LLC Takes $2.28 Million Position in First Trust S-Network Future Vehicles & Technology ETF $CARZ

Farther Finance Advisors LLC bought a new stake in First Trust S-Network Future Vehicles & Technology ETF (NASDAQ:CARZ) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 29,230 shares of the exchange traded fund’s stock, valued at approximately $2,277,000. Farther Finance Advisors LLC owned 4.87% of First Trust S-Network Future Vehicles & Technology ETF at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Raymond James Financial Inc. purchased a new position in shares of First Trust S-Network Future Vehicles & Technology ETF in the 2nd quarter valued at $59,000. Advisory Services Network LLC purchased a new position in shares of First Trust S-Network Future Vehicles & Technology ETF in the 3rd quarter valued at $157,000. Osaic Holdings Inc. raised its stake 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 acquiring an additional 506 shares during the period. Q3 Asset Management purchased a new position in shares of First Trust S-Network Future Vehicles & Technology ETF in the 3rd quarter valued at $322,000. Finally, Jane Street Group LLC raised its stake in shares of First Trust S-Network Future Vehicles & Technology ETF by 77.4% in the 2nd quarter. Jane Street Group LLC now owns 7,090 shares of the exchange traded fund’s stock valued at $439,000 after acquiring an additional 3,094 shares during the period.

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

Shares of NASDAQ:CARZ opened at $96.01 on Monday. First Trust S-Network Future Vehicles & Technology ETF has a 52-week low of $46.90 and a 52-week high of $96.84. The company has a 50 day moving average of $85.08 and a two-hundred day moving average of $80.89. The company has a market capitalization of $52.81 million, a price-to-earnings ratio of 18.05 and a beta of 1.22.

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.