First Trust S&P 500 Economic Moat ETF (NYSEARCA:EMOT) Short Interest Down 35.7% in June

First Trust S&P 500 Economic Moat ETF (NYSEARCA:EMOT) was the recipient of a significant drop in short interest in June. As of June 30th, there was short interest totaling 9 shares, a drop of 35.7% from the June 15th total of 14 shares. Based on an average daily volume of 478 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

Institutional Trading of First Trust S&P 500 Economic Moat ETF

Large investors have recently made changes to their positions in the business. Jane Street Group LLC bought a new stake in shares of First Trust S&P 500 Economic Moat ETF in the 4th quarter worth about $335,000. Citadel Advisors LLC bought a new position in shares of First Trust S&P 500 Economic Moat ETF in the 3rd quarter valued at about $398,000. Tower Research Capital LLC TRC lifted its holdings in shares of First Trust S&P 500 Economic Moat ETF by 112.9% in the 4th quarter. Tower Research Capital LLC TRC now owns 36,673 shares of the company’s stock valued at $873,000 after acquiring an additional 19,445 shares during the last quarter. Finally, Signal Advisors Wealth LLC grew its position in First Trust S&P 500 Economic Moat ETF by 1.0% in the fourth quarter. Signal Advisors Wealth LLC now owns 67,592 shares of the company’s stock worth $1,609,000 after acquiring an additional 694 shares in the last quarter.

First Trust S&P 500 Economic Moat ETF Trading Down 0.8%

EMOT traded down $0.21 during trading hours on Friday, hitting $26.60. The company’s stock had a trading volume of 118 shares, compared to its average volume of 1,420. The stock has a market cap of $2.66 million, a price-to-earnings ratio of 24.64 and a beta of 0.79. The business’s 50-day moving average price is $26.09 and its 200-day moving average price is $25.03. First Trust S&P 500 Economic Moat ETF has a 12 month low of $22.69 and a 12 month high of $26.81.

First Trust S&P 500 Economic Moat ETF Company Profile

The First Trust S&P 500 Economic Moat ETF (EMOT) is an exchange-traded fund that is based on the S&P 500 Economic Moat index. The fund aims to track an equal-weighted index comprised of S&P 500 stocks with sustainable competitive advantages, determined by metrics such as gross margins, ROIC, and market share. EMOT was launched on Jun 26, 2024 and is issued by First Trust.