First Trust S-Network Future Vehicles & Technology ETF (NASDAQ:CARZ) Stock Price Passes Above Fifty Day Moving Average – Should You Sell?

First Trust S-Network Future Vehicles & Technology ETF (NASDAQ:CARZ) shares crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $56.24 and traded as high as $57.47. First Trust S-Network Future Vehicles & Technology ETF shares last traded at $57.42, with a volume of 3,612 shares traded.

First Trust S-Network Future Vehicles & Technology ETF Stock Up 0.2 %

The company’s fifty day moving average price is $56.24 and its 200 day moving average price is $57.36. The company has a market capitalization of $34.45 million, a P/E ratio of 17.65 and a beta of 1.27.

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

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were issued a dividend of $0.057 per share. The ex-dividend date was Thursday, September 26th. This represents a $0.23 annualized dividend and a dividend yield of 0.40%.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in First Trust S-Network Future Vehicles & Technology ETF stock. International Assets Investment Management LLC lifted its holdings in shares of First Trust S-Network Future Vehicles & Technology ETF (NASDAQ:CARZ) by 184,457.7% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 191,940 shares of the exchange traded fund’s stock after purchasing an additional 191,836 shares during the quarter. International Assets Investment Management LLC owned 31.99% of First Trust S-Network Future Vehicles & Technology ETF worth $11,133,000 as of its most recent SEC filing.

First Trust S-Network Future Vehicles & Technology ETF Company 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.