First Trust Core Investment Grade ETF (NYSEARCA:FTCB – Get Free Report) was the recipient of a large growth in short interest in October. As of October 30th, there was short interest totaling 300,607 shares, a growth of 442.5% from the October 15th total of 55,409 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average daily volume of 800,265 shares, the days-to-cover ratio is currently 0.4 days.
First Trust Core Investment Grade ETF Price Performance
NYSEARCA FTCB traded down $0.03 on Wednesday, hitting $20.12. 192,883 shares of the company were exchanged, compared to its average volume of 770,395. The company’s 50 day moving average price is $20.07 and its 200-day moving average price is $20.71. First Trust Core Investment Grade ETF has a twelve month low of $19.65 and a twelve month high of $21.47.
Institutional Inflows and Outflows
Several institutional investors have recently made changes to their positions in FTCB. Coppell Advisory Solutions LLC purchased a new stake in shares of First Trust Core Investment Grade ETF in the 2nd quarter valued at approximately $25,000. Compass Financial Management LLC purchased a new position in First Trust Core Investment Grade ETF during the 2nd quarter worth approximately $26,000. Rockefeller Capital Management L.P. purchased a new position in First Trust Core Investment Grade ETF during the 4th quarter worth approximately $29,000. GK Wealth Management LLC acquired a new stake in First Trust Core Investment Grade ETF during the 3rd quarter valued at $85,000. Finally, Fifth Third Bancorp acquired a new stake in First Trust Core Investment Grade ETF during the 1st quarter valued at $86,000.
First Trust Core Investment Grade ETF Company Profile
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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