First Trust Core Investment Grade ETF (NYSEARCA:FTCB – Get Free Report) was the target of a significant decline in short interest in October. As of October 15th, there was short interest totaling 55,409 shares, a decline of 90.5% from the September 30th total of 581,604 shares. Based on an average trading volume of 1,698,969 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are short sold.
Institutional Investors Weigh In On First Trust Core Investment Grade ETF
Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Apollon Wealth Management LLC boosted its stake in shares of First Trust Core Investment Grade ETF by 1.2% during the 3rd quarter. Apollon Wealth Management LLC now owns 60,889 shares of the company’s stock worth $1,202,000 after acquiring an additional 727 shares during the last quarter. Sigma Planning Corp purchased a new stake in shares of First Trust Core Investment Grade ETF in the 3rd quarter worth $7,986,000. Wedbush Securities Inc. purchased a new stake in shares of First Trust Core Investment Grade ETF in the 3rd quarter worth $211,000. Brookstone Capital Management bought a new position in First Trust Core Investment Grade ETF in the 3rd quarter worth $789,000. Finally, Arwa LLC bought a new position in First Trust Core Investment Grade ETF in the 3rd quarter worth $804,000.
First Trust Core Investment Grade ETF Trading Up 0.1%
Shares of NYSEARCA FTCB traded up $0.03 during trading on Monday, reaching $20.07. The company had a trading volume of 582,305 shares, compared to its average volume of 775,498. First Trust Core Investment Grade ETF has a 12-month low of $19.65 and a 12-month high of $21.54. The business’s 50-day moving average is $20.17 and its 200 day moving average is $20.77.
About First Trust Core Investment Grade ETF
The First Trust Core Investment Grade ETF (FTCB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed ETF that provides broad exposure to investment-grade debt securities of various maturities from around the world, including emerging markets. FTCB was launched on Nov 7, 2023 and is issued by First Trust.
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