FTXO stock icon

First Trust Nasdaq Bank ETF
FTXO

$28.94
0.17%

Market Cap: $109M

0
Funds holding %
of 6,710 funds
–
Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

2% less funds holding

Funds holding: 60 [Q1] → 59 (-1) [Q2]

9.26% less ownership

Funds ownership: 54.75% [Q1] → 45.49% (-9.26%) [Q2]

14% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 7

28% less capital invested

Capital invested by funds: $63.1M [Q1] → $45.3M (-$17.8M) [Q2]

69% less repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 29

100% less funds holding in top 10

Funds holding in top 10: 1 [Q1] → 0 (-1) [Q2]

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Research analyst outlook

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

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Financial journalist opinion

Positive
Zacks Investment Research
5 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.
Is the Banking Sector Booming? 5 ETF Picks
Positive
Zacks Investment Research
5 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.
Bank ETF (FTXO) Hits New 52-Week High
Positive
Zacks Investment Research
8 months 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.
4 Reasons Why Bank ETFs Can Rebound in 2024
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