The First Trust NASDAQ Pharmaceuticals ETF (FTXH) was launched on 09/20/2016, and is a smart beta exchange traded fund designed to offer broad exposure to the Health Care ETFs category of the market.
Designed to provide broad exposure to the Healthcare - Pharma segment of the equity market, the First Trust NASDAQ Pharmaceuticals ETF (FTXH) is a passively managed exchange traded fund launched on September 20, 2016.
When activist investors take a stake in a pharmaceutical company, markets often cheer. The expectation is leaner operations, sharper strategy and higher stock prices.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| BZ Brandon Zatopek Commonwealth Equity Services LLC | 10,734 | $409,910 | $436,176.09 | $26,266.09 | 6.41% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 929 | $25,225.3 | $37,749.91 | $12,524.61 | 49.65% |
Missy Straw Nilsine Partners LLC | 28,057 | $944,143.74 | $1.09M | $146,936.88 | 15.56% |
Marshall Investment Management LLC MARSHALL INVESTMENT MANAGEMENT, LLC | 38,080 | $1.26M | $1.52M | $256,188.68 | 20.35% |
| NASDAQ (NMS) Exchange | US Country |
This fund primarily focuses on investing in the U.S. pharmaceutical sector, aiming to track the performance of a specific index composed of companies within this industry. The strategy involves allocating at least 90% of its net assets, including any investment borrowings, directly into the securities that make up the mentioned index. The selection criteria for these companies are mainly based on liquidity and their respective rankings within the sector. It is important to note that the fund adopts a non-diversified investment approach, concentrating its assets in the pharmaceutical sector to achieve its investment objectives.
This product offers investors targeted exposure to the U.S. pharmaceutical sector through securities that are included in the designated index. The fund's investment strategy ensures that a minimum of 90% of its assets are invested in these securities, aiming to replicate the performance of the index which is carefully selected based on specific criteria including liquidity and market ranking.
Choosing a non-diversified approach, the fund focuses its investments in the pharmaceutical sector, which may involve higher risks due to the concentration of assets but also offers the potential for significant rewards. This strategy is ideal for investors seeking focused exposure to this sector, understanding the risks involved with a non-diversified portfolio.