First Trust Nasdaq Transportation ETF

FTXR

Market cap $1.07B

The First Trust NASDAQ Transportation ETF (FTXR) was launched on 09/20/2016, and is a smart beta exchange traded fund designed to offer broad exposure to the Industrials ETFs category of the market.

Launched on September 20, 2016, the First Trust NASDAQ Transportation ETF (FTXR) is a passively managed exchange traded fund designed to provide a broad exposure to the Industrials - Transportation/Shipping segment of the equity market.

While the markets are generally fixated on what the Magnificent Seven is doing in terms of first-quarter earnings, there are other names investors may want to track. This morning's earnings bonanza was highlighted by names like Coca-Cola (KO), BP p.lc.

Designed to provide broad exposure to the Industrials ETFs category of the market, the First Trust NASDAQ Transportation ETF (FTXR) is a smart beta exchange traded fund launched on 09/20/2016.

Launched on September 20, 2016, the First Trust NASDAQ Transportation ETF (FTXR) is a passively managed exchange traded fund designed to provide a broad exposure to the Industrials - Transportation/Shipping segment of the equity market.

FTXR hits a new 52-week high, up 54.6% from its low, as transport-sector optimism and a sharply higher dividend drive momentum.

Transport ETFs have been seeing solid trading over the past month on strong first-quarter earnings.

Look at ETFs that can be affected as President Trump announces 25% tariffs on auto imports to the United States.

The U.S. has trade ties with Mexico and China related to the auto industry. The latest trade tensions thus put focus on these stocks and ETFs.

Recent tariff news has caused a broad shock across the market, including international investments, the retail and manufacturing sector, and even ethereum. As a former transportation analyst, its effect on the transportation sector has caught my attention.