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

First Trust S-Network Future Vehicles & Technology ETF (NASDAQ:CARZ) shares crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $59.19 and traded as low as $57.29. First Trust S-Network Future Vehicles & Technology ETF shares last traded at $57.29, with a volume of 1,402 shares trading hands.

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

The firm’s 50 day moving average is $59.19 and its 200-day moving average is $57.77. The stock has a market capitalization of $31.48 million, a price-to-earnings ratio of 17.65 and a beta of 1.27.

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

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were paid a $0.2887 dividend. The ex-dividend date was Friday, December 13th.

Hedge Funds Weigh In On First Trust S-Network Future Vehicles & Technology ETF

Several large investors have recently made changes to their positions in CARZ. Envestnet Asset Management Inc. increased its holdings in First Trust S-Network Future Vehicles & Technology ETF by 22.2% in the 4th quarter. Envestnet Asset Management Inc. now owns 7,591 shares of the exchange traded fund’s stock worth $441,000 after acquiring an additional 1,380 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in First Trust S-Network Future Vehicles & Technology ETF in the 3rd quarter worth $29,000. Jane Street Group LLC increased its holdings in First Trust S-Network Future Vehicles & Technology ETF by 69.6% in the 3rd quarter. Jane Street Group LLC now owns 16,212 shares of the exchange traded fund’s stock worth $940,000 after acquiring an additional 6,651 shares in the last quarter. Stifel Financial Corp increased its holdings in First Trust S-Network Future Vehicles & Technology ETF by 5.4% in the 3rd quarter. Stifel Financial Corp now owns 3,940 shares of the exchange traded fund’s stock worth $229,000 after acquiring an additional 203 shares in the last quarter. Finally, Flow Traders U.S. LLC increased its holdings in First Trust S-Network Future Vehicles & Technology ETF by 92.6% in the 3rd quarter. Flow Traders U.S. LLC now owns 9,878 shares of the exchange traded fund’s stock worth $573,000 after acquiring an additional 4,750 shares in the last quarter.

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.