First Trust Senior Loan ETF (NYSEARCA:FTSL) Stock Price Down 0.5%

First Trust Senior Loan ETF (NYSEARCA:FTSL – Get Rating)’s share price dropped 0.5% during mid-day trading on Wednesday . The stock traded as low as $44.72 and last traded at $44.91. Approximately 1,029,909 shares changed hands during mid-day trading, an increase of 92% from the average daily volume of 535,448 shares. The stock had previously closed at $45.13.

First Trust Senior Loan ETF Stock Down 0.5 %

The company’s fifty day moving average price is $45.53 and its 200-day moving average price is $45.11.

About First Trust Senior Loan ETF

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The First Trust Senior Loan Fund (FTSL) is an exchange-traded fund that is based on the S&P\u002FLSTA U.S. Leveraged Loan 100 index. The fund holds senior floating rate bank loans from firms around the globe. The actively managed fund can hold up to 20% of assets in non-senior loans, including high-yield bonds and equities.