First Trust S&P 500 Economic Moat ETF

EMOT

Market cap $2.66M

On Thursday, First Trust Advisors released its next fund, the First Trust S&P 500 Economic Moat ETF (EMOT), onto the market. EMOT has a net expense ratio of 0.60%.

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“First Trust”), a leading exchange-traded fund (“ETF”) provider and asset manager, announced today that it has launched a new ETF, the First Trust S&P 500 Economic Moat ETF (NYSE Arca: EMOT) (the “fund”). The fund seeks investment results that correspond generally to the price and yield (before the fund's fee and expenses) of an equity index called the S&P 500 Economic Moat Index (the “index”). “As a pioneer of factor-based inde.