Shares of First Trust NYSE Arca Biotechnology Index Fund (NYSEARCA:FBT – Get Rating) saw an uptick in trading volume on Wednesday . 14,273 shares were traded during trading, a decline of 62% from the previous session's volume of 37,116 shares.The stock last traded at $152.04 and had previously closed at $150.54.

First Trust NYSE Arca Biotechnology Index Fund Stock Up 1.1 %

The firm's 50-day moving average price is $157.13 and its 200 day moving average price is $150.64. The firm has a market cap of $1.45 billion, a P/E ratio of 16.29 and a beta of 0.82.

Institutional Investors Weigh In On First Trust NYSE Arca Biotechnology Index Fund

Several institutional investors have recently bought and sold shares of the stock. Wade G W & Inc. lifted its holdings in First Trust NYSE Arca Biotechnology Index Fund by 1.8% in the fourth quarter. Wade G W & Inc. now owns 5,731 shares of the company's stock worth $883,000 after purchasing an additional 100 shares during the period. Moors & Cabot Inc. lifted its holdings in First Trust NYSE Arca Biotechnology Index Fund by 1.6% in the 3rd quarter. Moors & Cabot Inc. now owns 7,065 shares of the company's stock valued at $932,000 after acquiring an additional 109 shares during the last quarter. American Financial Advisors LLC lifted its holdings in First Trust NYSE Arca Biotechnology Index Fund by 2.9% in the 4th quarter. American Financial Advisors LLC now owns 3,815 shares of the company's stock valued at $588,000 after acquiring an additional 109 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in First Trust NYSE Arca Biotechnology Index Fund by 21.4% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 699 shares of the company's stock valued at $108,000 after acquiring an additional 123 shares during the last quarter. Finally, Financial Enhancement Group LLC lifted its holdings in First Trust NYSE Arca Biotechnology Index Fund by 4.1% in the 3rd quarter. Financial Enhancement Group LLC now owns 3,760 shares of the company's stock valued at $496,000 after acquiring an additional 147 shares during the last quarter.

About First Trust NYSE Arca Biotechnology Index Fund

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The First Trust NYSE Arca Biotechnology Index Fund (FBT) is an exchange-traded fund that is based on the NYSE Arca Biotechnology index. The fund tracks an equal-weighted index of US biotechnology stocks. FBT was launched on Jun 19, 2006 and is managed by First Trust.

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