FTXO icon

First Trust Nasdaq Bank ETF

34.49 USD
-0.27
0.78%
At close Feb 7, 4:00 PM EST
1 day
-0.78%
5 days
3.54%
1 month
6.95%
3 months
4.20%
6 months
28.89%
Year to date
8.90%
1 year
42.99%
5 years
27.69%
10 years
67.35%
0
Funds holding %
of 6,831 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

0% more funds holding

Funds holding: 59 [Q2] → 59 (+0) [Q3]

0% more first-time investments, than exits

New positions opened: 6 | Existing positions closed: 6

9.28% less ownership

Funds ownership: 50.4% [Q2] → 41.12% (-9.28%) [Q3]

11% less capital invested

Capital invested by funds: $50.2M [Q2] → $44.8M (-$5.33M) [Q3]

15% less repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 20

Research analyst outlook

We haven’t received any recent analyst ratings for FTXO.

Financial journalist opinion

Based on 3 articles about FTXO published over the past 30 days

Positive
Seeking Alpha
1 week ago
FTXO: Curating Top U.S. Banks
First Trust Nasdaq Bank ETF employs a unique factor-based approach, focusing on profitability and momentum, providing exposure to robust U.S. banks while avoiding weaker names. The FTXO fund's top holdings include Wells Fargo, Citigroup, JPMorgan Chase, Bank of America, and U.S. Bancorp, representing over 40% of the ETF. While the 0.60% expense ratio is high, the methodology and precision justify the cost, offering stability and growth potential.
FTXO: Curating Top U.S. Banks
Neutral
Zacks Investment Research
3 weeks ago
Is First Trust NASDAQ Bank ETF (FTXO) a Strong ETF Right Now?
A smart beta exchange traded fund, the First Trust NASDAQ Bank ETF (FTXO) debuted on 09/20/2016, and offers broad exposure to the Financials ETFs category of the market.
Is First Trust NASDAQ Bank ETF (FTXO) a Strong ETF Right Now?
Neutral
Zacks Investment Research
3 weeks ago
Should You Invest in the First Trust NASDAQ Bank ETF (FTXO)?
The First Trust NASDAQ Bank ETF (FTXO) was launched on 09/20/2016, and is a passively managed exchange traded fund designed to offer broad exposure to the Financials - Banking segment of the equity market.
Should You Invest in the First Trust NASDAQ Bank ETF (FTXO)?
Positive
Zacks Investment Research
9 months ago
Is the Banking Sector Booming? 5 ETF Picks
After a decade of decline following the 2008 financial crisis, U.S. banks are once again expanding their physical footprint, with 94 net new branches added in 2023, marking the first annual increase since 2012, as quoted in a Yahoo Finance article.
Positive
Zacks Investment Research
10 months ago
Bank ETF (FTXO) Hits New 52-Week High
Investors seeking momentum may have First Trust NASDAQ Bank ETF FTXO on radar now. The fund recently hit a new 52-week high.
Positive
Zacks Investment Research
1 year ago
4 Reasons Why Bank ETFs Can Rebound in 2024
Given the decent valuation of the banking sector and chances of higher net interest rate margins, investors can keep track of these ETFs for gains.
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