First Trust ETF III (NASDAQ:FMB).
Raymond James & Associates reports that it bought 26,134 shares in the previous quarter increasing its holdings in First Trust ETF III by 16.0%. Its stake was valued at $10,110,000 an increase of $1,464,000 according to the filing.
Raymond James & Associates isn’t the only one who has changed their investment in FMB. As of quarter end Wells Fargo & Company/mn had sold 50 shares trimming its stake by 50.0%. The value of the investment in First Trust ETF III decreased from $5,000 to $3,000 a change of $2,000 quarter to quarter. As of the end of the quarter Regal Investment Advisors LLC had disposed of a total of 594 shares trimming its holdings by 8.9%. The value of the investment in (FMB) went from $352,000 to $324,000 a change of 8.0% quarter over quarter.
As of quarter end Stifel Financial Corp had acquired 27 shares growing its position 0.7%. The value of the total investment in First Trust ETF III went from $203,000 to $206,000 increasing 1.5% for the reporting period.
The company is trading up from yesterday’s close of 53.46. The company currently has a P/E ratio of N/A and market cap is 216.47M. Investors are more bullish recently looking at the downtick in short interest. The firm recorded a fall in short interest of -73.83% between September 29, 2017 and October 13, 2017. Short shares decreased from 42,683 to 11,171 over that timeframe. Days to cover decreased from 2.0 to 0.0 and the percentage of shorted shares is 0.00% as of October 13.