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

First Trust S-Network Future Vehicles & Technology ETF (NASDAQ:CARZ) shares passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $57.95 and traded as low as $52.77. First Trust S-Network Future Vehicles & Technology ETF shares last traded at $53.45, with a volume of 1,104 shares traded.

First Trust S-Network Future Vehicles & Technology ETF Trading Up 1.0 %

The company has a fifty day moving average price of $57.81 and a 200-day moving average price of $58.02. The firm has a market cap of $29.92 million, a price-to-earnings ratio of 17.05 and a beta of 1.27.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Wilmington Savings Fund Society FSB acquired a new stake in First Trust S-Network Future Vehicles & Technology ETF in the 3rd quarter worth about $29,000. Stifel Financial Corp boosted its position 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 valued at $229,000 after buying an additional 203 shares during the period. Envestnet Asset Management Inc. lifted its position in shares of First Trust S-Network Future Vehicles & Technology ETF by 22.2% during the 4th quarter. Envestnet Asset Management Inc. now owns 7,591 shares of the exchange traded fund’s stock worth $441,000 after purchasing an additional 1,380 shares during the last quarter. Flow Traders U.S. LLC raised its stake in First Trust S-Network Future Vehicles & Technology ETF by 92.6% during 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. Finally, Jane Street Group LLC boosted its stake in First Trust S-Network Future Vehicles & Technology ETF by 69.6% during the 3rd quarter. Jane Street Group LLC now owns 16,212 shares of the exchange traded fund’s stock worth $940,000 after purchasing an additional 6,651 shares during the period.

About First Trust S-Network Future Vehicles & Technology ETF

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.