First Trust Nasdaq Bank ETFFTXO
FTXO
0
Funds holding %
of 6,809 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 (-$5.34M) [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
Positive
Zacks Investment Research
8 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
8 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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