First Trust California Municipal High Income ETF (NASDAQ:FCAL – Get Rating)'s stock price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $48.29 and traded as high as $49.11. First Trust California Municipal High Income ETF shares last traded at $48.93, with a volume of 12,146 shares.
First Trust California Municipal High Income ETF Stock Performance
The stock's fifty day moving average is $49.15 and its two-hundred day moving average is $48.29. The firm has a market cap of $107.65 million, a price-to-earnings ratio of 128.76 and a beta of 0.13.
Get First Trust California Municipal High Income ETF alerts:First Trust California Municipal High Income ETF Announces Dividend
The business also recently announced a monthly dividend, which was paid on Tuesday, February 28th. Shareholders of record on Thursday, February 23rd were paid a dividend of $0.112 per share. The ex-dividend date was Wednesday, February 22nd. This represents a $1.34 annualized dividend and a yield of 2.75%. First Trust California Municipal High Income ETF's payout ratio is 313.16%.
Hedge Funds Weigh In On First Trust California Municipal High Income ETF
Several large investors have recently made changes to their positions in FCAL. Jane Street Group LLC boosted its position in shares of First Trust California Municipal High Income ETF by 712.7% during the 4th quarter. Jane Street Group LLC now owns 104,535 shares of the financial services provider's stock valued at $5,058,000 after purchasing an additional 91,672 shares in the last quarter. Citizens Business Bank acquired a new position in shares of First Trust California Municipal High Income ETF in the third quarter worth about $3,838,000. Miracle Mile Advisors LLC boosted its holdings in shares of First Trust California Municipal High Income ETF by 10.0% in the third quarter. Miracle Mile Advisors LLC now owns 498,854 shares of the financial services provider's stock worth $23,356,000 after buying an additional 45,211 shares during the period. LPL Financial LLC boosted its holdings in shares of First Trust California Municipal High Income ETF by 14.7% in the fourth quarter. LPL Financial LLC now owns 227,283 shares of the financial services provider's stock worth $10,998,000 after buying an additional 29,168 shares during the period. Finally, Magnus Financial Group LLC acquired a new position in shares of First Trust California Municipal High Income ETF in the fourth quarter worth about $1,360,000. Institutional investors own 54.39% of the company's stock.
About First Trust California Municipal High Income ETF
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First California Financial Group, Inc is a bank holding company for its wholly owned subsidiary First California Bank (the Bank). The Bank is a full-service commercial bank. The Bank's operations are primarily located within the areas commonly known as the 101 corridor stretching from the City of Ventura to Calabasas, California, the Moorpark-Simi Valley corridor, the western San Fernando Valley, the Tri-Cities area of Glendale-Burbank-Pasadena, the South Bay, the Inland Empire, north San Diego County, Century City and other parts of Los Angeles, Orange San Luis Obispo and Ventura Counties in Southern California.
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