World Equity Group Inc. Purchases Shares of 12,441 First Trust S-Network Future Vehicles & Technology ETF $CARZ

World Equity Group Inc. purchased a new position in First Trust S-Network Future Vehicles & Technology ETF (NASDAQ:CARZ) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 12,441 shares of the exchange traded fund’s stock, valued at approximately $1,005,000. World Equity Group Inc. owned approximately 2.49% of First Trust S-Network Future Vehicles & Technology ETF as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in CARZ. Arax Advisory Partners purchased a new stake in First Trust S-Network Future Vehicles & Technology ETF in the 4th quarter worth approximately $26,000. Raymond James Financial Inc. purchased a new position in First Trust S-Network Future Vehicles & Technology ETF during the second quarter valued at approximately $59,000. Advisory Services Network LLC bought a new position in shares of First Trust S-Network Future Vehicles & Technology ETF in the third quarter worth approximately $157,000. Osaic Holdings Inc. increased its stake in shares of First Trust S-Network Future Vehicles & Technology ETF by 24.6% in the second quarter. Osaic Holdings Inc. now owns 2,566 shares of the exchange traded fund’s stock worth $159,000 after purchasing an additional 506 shares in the last quarter. Finally, Jane Street Group LLC raised its position in shares of First Trust S-Network Future Vehicles & Technology ETF by 22.0% during the 4th quarter. Jane Street Group LLC now owns 4,057 shares of the exchange traded fund’s stock valued at $316,000 after purchasing an additional 731 shares during the period.

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

Shares of First Trust S-Network Future Vehicles & Technology ETF stock opened at $103.21 on Friday. The company has a market capitalization of $46.44 million, a P/E ratio of 18.05 and a beta of 1.40. The company has a fifty day moving average of $113.69 and a 200 day moving average of $96.27. First Trust S-Network Future Vehicles & Technology ETF has a fifty-two week low of $61.51 and a fifty-two week high of $123.17.

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.