A smart beta exchange traded fund, the First Trust Large Cap Value AlphaDEX ETF (FTA) debuted on 05/08/2007, and offers broad exposure to the Style Box - Large Cap Value category of the market.
Launched on May 8, 2007, the First Trust Large Cap Value AlphaDEX ETF (FTA) is a passively managed exchange traded fund designed to provide a broad exposure to the Large Cap Value segment of the US equity market.
The First Trust Large Cap Value AlphaDEX ETF (FTA) was launched on 05/08/2007, and is a smart beta exchange traded fund designed to offer broad exposure to the Style Box - Large Cap Value category of the market.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TJD Thomas John Drogan PR Inc.IPAL SECURITIES Inc. | 4,155 | $309,568.91 | $425,201.92 | $115,633.01 | 37.35% |
| BZ Brandon Zatopek Commonwealth Equity Services LLC | 91,587 | $8.87M | $9.35M | $487,861.37 | 5.5% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 80,159 | $6.63M | $8.18M | $1.54M | 23.29% |
| JM Jacob Myrvik FSB PREMIER WEALTH MANAGEMENT Inc. | 20,892 | $1.39M | $2.14M | $750,700.6 | 53.98% |
| RW Riley Wancket HANTZ FINANCIAL SERVICES Inc. | 267 | $20,994.21 | $27,452.94 | $6,458.73 | 30.76% |
| 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.