The First Trust Large Cap Value AlphaDEX ETF (FTA) made its debut on 05/08/2007, and is a smart beta exchange traded fund that provides broad exposure to the Style Box - Large Cap Value category of the market.
Designed to provide broad exposure to the Large Cap Value segment of the US equity market, the First Trust Large Cap Value AlphaDEX ETF (FTA) is a passively managed exchange traded fund launched on May 8, 2007.
Designed to provide broad exposure to the Style Box - Large Cap Value category of the market, the First Trust Large Cap Value AlphaDEX ETF (FTA) is a smart beta exchange traded fund launched on 05/08/2007.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Able Financial Group LLC ABLE Financial Group, LLC | 3,277 | $220,064.83 | $313,182.89 | $93,118.06 | 42.31% |
Christopher C. Powers Farther Finance Advisors, LLC | 1,201 | $93,859.12 | $114,779.57 | $20,920.45 | 22.29% |
Envestnet Portfolio Solutions Inc. Envestnet Portfolio Solutions, Inc. | 7,384 | $547,439.84 | $706,353.44 | $158,913.6 | 29.03% |
Michael G. Hansen IAMS WEALTH MANAGEMENT, LLC | 27,421 | $1.9M | $2.62M | $721,086.18 | 37.91% |
Courtney Haddad Concurrent Investment Advisors, LLC | 9,375 | $720,805.44 | $897,468.75 | $176,663.31 | 24.51% |
| NASDAQ (NMS) Exchange | US Country |
The fund is designed to strategically invest in large-cap value stocks within the NASDAQ US 500 Large Cap Index™ by employing the AlphaDEX® selection methodology. This aims to generate positive alpha, or risk-adjusted returns, compared to traditional indices, by primarily focusing investment activities on stocks that are deemed to offer value. The commitment to invest at least 90% of its net assets (including investment borrowings) into the securities that form part of the index underscores the fund's targeted approach towards value investing within the large-cap domain. This strategy is particularly tailored for investors looking for exposure to large-cap value stocks with the potential for enhanced risk-adjusted returns.
The core of the fund's investment strategy is to allocate at least 90% of its net assets in securities that are part of the NASDAQ US 500 Large Cap Index™. This commitment ensures that investors are primarily exposed to large-cap stocks that have the potential to offer stable returns and are considered to be less volatile compared to smaller-cap stocks.
Utilizing the AlphaDEX® selection methodology allows the fund to identify value stocks within the base index that may generate positive alpha or risk-adjusted returns. This systematic and analytical approach to stock selection differentiates the fund from traditional investment methodologies by focusing on potential outperformers in the value segment of the market.