First Trust S&P 500 Economic Moat ETF (NYSEARCA:EMOT) Short Interest Down 86.3% in June

First Trust S&P 500 Economic Moat ETF (NYSEARCA:EMOT) was the recipient of a significant decline in short interest during the month of June. As of June 15th, there was short interest totaling 14 shares, a decline of 86.3% from the May 31st total of 102 shares. Based on an average daily volume of 536 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

First Trust S&P 500 Economic Moat ETF Stock Up 0.5%

Shares of First Trust S&P 500 Economic Moat ETF stock traded up $0.14 during trading on Friday, hitting $26.24. 220 shares of the stock traded hands, compared to its average volume of 1,531. The stock has a market cap of $2.62 million, a price-to-earnings ratio of 24.64 and a beta of 0.82. The firm’s fifty day moving average is $25.58 and its 200-day moving average is $24.76. First Trust S&P 500 Economic Moat ETF has a 52 week low of $22.69 and a 52 week high of $26.69.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Signal Advisors Wealth LLC raised its stake in shares of First Trust S&P 500 Economic Moat ETF by 1.0% during 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. Citadel Advisors LLC purchased a new stake in shares of First Trust S&P 500 Economic Moat ETF in the 3rd quarter valued at $398,000. Tower Research Capital LLC TRC boosted its stake 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 purchasing an additional 19,445 shares in the last quarter. Finally, Jane Street Group LLC bought a new position in shares of First Trust S&P 500 Economic Moat ETF during the 4th quarter valued at $335,000.

About First Trust S&P 500 Economic Moat ETF

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.