The First Trust NASDAQ Transportation ETF (FTXR) was launched on 09/20/2016, and is a smart beta exchange traded fund designed to offer broad exposure to the Industrials ETFs category of the market.
Launched on September 20, 2016, the First Trust NASDAQ Transportation ETF (FTXR) is a passively managed exchange traded fund designed to provide a broad exposure to the Industrials - Transportation/Shipping segment of the equity market.
Designed to provide broad exposure to the Industrials ETFs category of the market, the First Trust NASDAQ Transportation ETF (FTXR) is a smart beta exchange traded fund launched on 09/20/2016.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| MS Missy Straw Nilsine Partners LLC | 453,361 | $17.28M | $20.35M | $3.07M | 17.76% |
| LA Loni Adams Daymark Wealth Partners LLC | 76,680 | $2.92M | $3.44M | $516,823 | 17.69% |
| NASDAQ (NMS) Exchange | US Country |
The fund is a financial vehicle that dedicates at least 90% of its net assets, incorporating investment borrowings, toward securities that are part of a specific index. This index is constructed to highlight U.S. companies within the transportation sector, selecting them based on their liquidity and ranking within the market. It aims to provide investors with a focused exposure to the transportation sector, showcasing a non-diversified approach to its investment strategy. The fund's commitment to a high concentration in the securities of the transportation index is its key characteristic, differing from more diversified investment approaches.
This product focuses on investing in the transportation sector of the U.S. It offers investors a way to gain exposure to companies within this sector, selected for their liquidity and market ranking. The fund's strategy is to invest in these companies through securities that make up the designated transportation index, aiming to reflect the performance of this particular sector.
The fund adopts a non-diversified investment strategy, concentrating its assets in the securities of the transportation sector. This approach allows for targeted investment in a specific sector, potentially leading to higher rewards for investors who are looking to invest specifically in transportation. However, it also comes with a higher risk due to the lack of diversification across different sectors.