|Bid||9.25 x 1800|
|Ask||18.11 x 3100|
|Day's Range||10.44 - 10.71|
|52 Week Range||10.43 - 18.22|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||1.43|
|Expense Ratio (net)||0.63%|
The deal news has sparked a new wave of mergers and acquisitions in the energy sector, boosting shares of shale oil companies and ETFs.
First Trust Advisors L.P. announces the declaration of distributions for 128 exchange-traded funds advised by FTA.
Let us dig into some of the ETFs that are below $20, and have AUM of over $50 million and average daily volume of at least 50,000 shares that could lead to huge gains in the coming months.
Although oil ETFs had been weakening for a couple of weeks, the selling intensified Wednesday. Five ETFs lost 3.6% to 4.8%.
First Trust Advisors L.P. (“First Trust”), a global ETF provider and asset manager, announced that Chilean pension funds investment risk rating commission, La Comisión Clasificadora de Riesgo (CCR), has approved an additional First Trust exchange-traded fund (ETF) for sale to Chilean pension funds, known as la Asociación de Administradoras de Fondos de Pensiones (AFPs). According to Chile’s pension plan investment guidelines, before an ETF can be purchased in a pension fund, it must be approved by the CCR.
The energy sector is one of the best-performing sectors in the S&P 500, but as seasoned energy investors well know, conventional ETFs offering exposure to the oil stocks are cap-weighted and heavily allocated to a small amount of companies. Investors looking for a different approach to the energy patch can consider smart beta funds, including the First Trust Energy AlphaDEX Fund (FXN) . FXN's holdings are selected based “on growth factors including three, six and 12-month price appreciation, sales to price and one year sales growth, and, separately, on value factors including book value to price, cash flow to price and return on assets,” according to First Trust.