First Trust Nasdaq Bank ETFFTXO
FTXO
0
Funds holding %
of 7,372 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
450% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 6
183% more capital invested
Capital invested by funds: $44.8M [Q3] → $127M (+$81.9M) [Q4]
109% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 11
42% more funds holding
Funds holding: 59 [Q3] → 84 (+25) [Q4]
39.36% more ownership
Funds ownership: 41.12% [Q3] → 80.48% (+39.36%) [Q4]
Research analyst outlook
We haven’t received any recent analyst ratings for FTXO.
Financial journalist opinion
Positive
Zacks Investment Research
1 month ago
Time for Bank ETFs?
An improving economy, steepening of the yield curve, and improved investment banking and trading operations have been helping bank ETFs lately.
Positive
Seeking Alpha
1 month 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.
Neutral
Zacks Investment Research
1 month 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.
Neutral
Zacks Investment Research
1 month 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.
Positive
Zacks Investment Research
11 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
11 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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