Institutional Investors Are Betting On First Trust (NYSE:FEO)

May 27, 2018 - By Winifred Garcia

Sentiment for First Trust (NYSE:FEO)

First Trust (NYSE:FEO) institutional sentiment increased to 1.43 in Q4 2017. Its up 0.18, from 1.25 in 2017Q3. The ratio increased, as 10 active investment managers opened new or increased holdings, while 7 reduced and sold their holdings in First Trust. The active investment managers in our partner’s database now possess: 1.57 million shares, down from 1.64 million shares in 2017Q3. Also, the number of active investment managers holding First Trust in their top 10 holdings was flat from 0 to 0 for the same number . Sold All: 1 Reduced: 6 Increased: 6 New Position: 4.

The stock increased 0.75% or $0.1118 during the last trading session, reaching $14.9218. About 7,468 shares traded. First Trust/Aberdeen Emerging Opportunity Fund (NYSE:FEO) has risen 4.35% since May 27, 2017 and is uptrending. It has underperformed by 7.20% the S&P500.

1607 Capital Partners Llc holds 0.19% of its portfolio in First Trust/Aberdeen Emerging Opportunity Fund for 213,701 shares. Dynamic Advisors Solutions Llc owns 13,590 shares or 0.07% of their US portfolio. Moreover, Cornerstone Advisors Inc has 0.04% invested in the company for 21,127 shares. The Missouri-based Benjamin F. Edwards & Company Inc. has invested 0.02% in the stock. Lazard Asset Management Llc, a New York-based fund reported 653,864 shares.

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