Tsfg LLC Makes New Investment in First Trust EIP Carbon Impact ETF (NYSEARCA:ECLN)

Tsfg LLC purchased a new position in shares of First Trust EIP Carbon Impact ETF (NYSEARCA:ECLN) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 2,000 shares of the company’s stock, valued at approximately $58,000. Tsfg LLC owned 0.18% of First Trust EIP Carbon Impact ETF as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Bensler LLC acquired a new position in First Trust EIP Carbon Impact ETF in the second quarter valued at approximately $246,000. Cetera Investment Advisers lifted its stake in shares of First Trust EIP Carbon Impact ETF by 5.8% in the 2nd quarter. Cetera Investment Advisers now owns 39,506 shares of the company’s stock valued at $1,004,000 after purchasing an additional 2,164 shares during the last quarter. Finally, International Assets Investment Management LLC acquired a new position in shares of First Trust EIP Carbon Impact ETF in the 2nd quarter valued at $43,000.

First Trust EIP Carbon Impact ETF Trading Up 1.5 %

Shares of NYSEARCA:ECLN opened at $29.58 on Thursday. The company has a market capitalization of $32.54 million, a price-to-earnings ratio of 17.17 and a beta of 0.54. First Trust EIP Carbon Impact ETF has a 12-month low of $22.10 and a 12-month high of $29.63. The business has a 50-day moving average price of $28.30 and a 200 day moving average price of $26.47.

About First Trust EIP Carbon Impact ETF

The First Trust EIP Carbon Impact ETF (ECLN) is an exchange-traded fund that is based on the PHLX Utility Sector index. The fund is an actively-managed fund comprised of developed-economy equities of companies committed to a reduction of carbon emissions. ECLN was launched on Aug 19, 2019 and is managed by First Trust.