Fund BasicsSee More
- Fund Family First Trust Portfolios
- Assets Under Management 42,664,000
- Shares Outstanding, K 800
- 60-Month Beta 1.27
|Period||Period Low||Period High||Performance|
| || |
+3.31 (+6.62%)since 11/08/23
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+0.31 (+0.58%)since 09/08/23
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+8.76 (+19.65%)since 12/08/22
The annual inflation rate in the United States dropped to 4.9% in April 2023, the lowest since April 2021.
U.S. economic activity in the first quarter of 2023 grew at a slower pace than anticipated, sending recession fears rippling through financial markets.
Bottom line may be investors' top focus amid an earnings season, but top line probably tells you more about the inherent strength of a company.
The ongoing earnings season has not been great so far mainly due to tech drag. However, some sectors have been supporting the S&P 500 earnings.
Retail sales in the United States increased 3% sequentially in January of 2023, the biggest increase since March of 2021.
These sectors are likely to report upbeat revenue growth in the ongoing earnings reporting cycle. Hence, their ETFs should perform better ahead.
As the pandemic is ebbing, global economy is reopening, resulting an improvement in the supply chain crisis. This is going to benefit auto and transportation sectors.
Total S&P 500 earnings are expected to be down 7.3% from the same period last year on 4% higher revenues. The earnings decline is down from 1.7% growth at the start of the fourth quarter.
First Trust Advisors L.P. ("FTA") announces the declaration of distributions for 138 exchange-traded fund(s) (each a “Fund,” collectively, the “Funds”) advised by FTA.
Billionaire investors George Soros is betting on the auto industry. Should you buy auto ETF CARZ?
|3rd Resistance Point||53.99|
|2nd Resistance Point||53.74|
|1st Resistance Point||53.53|
|1st Support Level||53.07|
|2nd Support Level||52.82|
|3rd Support Level||52.61|