ETF Flows Don’t Lie: First Trust Large Cap Value Opp Fnd(ETF) Saw $-145.68M Redemptions Amid -15.25% AUM Decrease


ETF Flows Don't Lie: First Trust Large Cap Value Opp Fnd(ETF) Saw $ 145.68M Redemptions Amid  15.25% AUM Decrease

Today were reported First Trust Large Cap Value Opp Fnd(ETF) (NASDAQ:FTA)‘s daily net flows. The ETF registered $-145.68M asset outflows for -15.25% decrease, reaching $809.83M after yestarday’s trading session. The chart of First Trust Large Cap Value Opp Fnd(ETF) shows negative short-term setup. In the net flows calculation is not included the performance of the etf but only share redemptions (outflows) and share purchases (inflows). Net outflows leads to less cash for managers to invest, which theoretically decreases demand for the etf’s holdings. The ETF increased 0.45% or $0.19 on October 10, hitting $42.88. First Trust Large Cap Value Opp Fnd(ETF) (NASDAQ:FTA) has risen 9.36% since March 8, 2016 and is uptrending. It has outperformed by 0.04% the S&P500.

The ETF’s YTD performance is 12.18%, the 1 year is 14.94% and the 3 year is 7.02%.

The ETF’s average P/E ratio is 13.32, the price to book is 1.47, the price to sales is 0.92 and the price to cashflow is 4.71. First Trust Large Cap Value Opp Fnd(ETF) is in the ETF category: , is part of the fund family and currently has $ net assets. It was started on 1/1/0001. The fund’s top holdings are: American Airlines Group Inc. for 1.08% of assets, Micron Technology Inc. for 1.08%, Hewlett Packard Enterprise Comp for 1.07%, United Continental Holdings for 1.06%, Best Buy Co. Inc. Common Stock for 1.04%, Sprint Corporation Common Stock for 1.00%, BorgWarner Inc. Common Stock for 0.99%, Lear Corporation Common Stock for 0.99%, Fifth Third Bancorp for 0.98%, Intel Corporation for 0.97%. The ETF sector weights are: Basic Materials 3.06%, Consumer Cyclical 17.26%, Financial Services 28.38%, Realestate 0.66%, Consumer Defensive 3.93%, Healthcare 4.09%, Utilities 8.41%, Communication Services 3.74%, Energy 6.87%, Industrials 12.21%, Technology 11.38%. The ETF currently as 0% yield.

More recent First Trust Large Cap Value Opp Fnd(ETF) (NASDAQ:FTA) news were published by: which released: “WisdomTree Adds Four ETFs to Mexico Listings” on January 26, 2015. Also published the news titled: “First Trust Extends its Latin American Reach Via Chile’s Pension Funds” on March 17, 2015.‘s news article titled: “Cyber Security ETF Lists in Mexico” with publication date: April 29, 2015 was also an interesting one.

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