TAP Consulting LLC Trims Stake in First Trust Alerian Disruptive Technology Real Estate ETF (NYSEARCA:DTRE)

TAP Consulting LLC cut its stake in First Trust Alerian Disruptive Technology Real Estate ETF (NYSEARCA:DTRE) by 34.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 24,335 shares of the company’s stock after selling 12,925 shares during the period. TAP Consulting LLC owned 5.51% of First Trust Alerian Disruptive Technology Real Estate ETF worth $916,000 at the end of the most recent reporting period.

Separately, Raymond James Financial Inc. purchased a new position in shares of First Trust Alerian Disruptive Technology Real Estate ETF in the 4th quarter valued at approximately $372,000.

First Trust Alerian Disruptive Technology Real Estate ETF Stock Up 0.3 %

NYSEARCA DTRE opened at $40.04 on Thursday. The firm has a market capitalization of $15.68 million, a PE ratio of 30.34 and a beta of 1.10. The stock’s 50 day moving average is $38.93 and its 200 day moving average is $40.64. First Trust Alerian Disruptive Technology Real Estate ETF has a twelve month low of $35.54 and a twelve month high of $45.06.

About First Trust Alerian Disruptive Technology Real Estate ETF

The First Trust Alerian Disruptive Technology Real Estate ETF (DTRE) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks an index of real estate stocks that support wired and wireless communication, data infrastructure, warehouses, and fulfillment centers. Selection and weighting of securities are based on three-month average trading values.