ETF On Watch: First Trust Large Cap GO Alpha Fnd (ETF) Recorded $-139.29M Redemptions Following -18.60% AUM Decrease


ETF On Watch: First Trust Large Cap GO Alpha Fnd (ETF) Recorded $ 139.29M Redemptions Following  18.60% AUM Decrease

Today were reported First Trust Large Cap GO Alpha Fnd (ETF) (NASDAQ:FTC)‘s daily net flows. The ETF registered $-139.29M asset outflows for -18.60% decrease, reaching $609.39M after yestarday’s trading session. The chart of First Trust Large Cap GO Alpha 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 0.53% or $0.26 on October 10, hitting $49.69. First Trust Large Cap GO Alpha Fnd (ETF) (NASDAQ:FTC) has risen 7.48% since March 8, 2016 and is uptrending. It has underperformed by 1.83% the S&P500.

The ETF’s YTD performance is 5.3%, the 1 year is 11.43% and the 3 year is 11.48%.

The ETF’s average P/E ratio is 25.01, the price to book is 4.24, the price to sales is 2.54 and the price to cashflow is 12.98. First Trust Large Cap GO Alpha 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: NVIDIA Corporation for 1.29% of assets, Applied Materials Inc. for 1.11%, Edwards Lifesciences Corporatio for 1.07%, Inc. for 1.04%, Whitewave Foods Company (The) C for 1.04%, Cintas Corporation for 1.02%, Tyson Foods Inc. Common Stock for 1.00%, Transdigm Group Incorporated Tr for 0.98%, ProLogis Inc. Common Stock for 0.98%, T-Mobile US Inc. for 0.96%. The ETF sector weights are: Basic Materials 3.74%, Consumer Cyclical 13.87%, Financial Services 4.54%, Realestate 10.05%, Consumer Defensive 13.25%, Healthcare 13.30%, Utilities 4.48%, Communication Services 3.64%, Energy 1.23%, Industrials 17.49%, Technology 14.41%. The ETF currently as 0% yield.

More notable recent First Trust Large Cap GO Alpha Fnd (ETF) (NASDAQ:FTC) news were published by: which released: “TDIV: Technology, Now With Dividends” on July 20, 2016, also with their article: “Positioning For A Value Comeback: 10 ETFs Tested” published on March 08, 2016, published: “Shopping For High Dividend ETFs? Beware Volatility” on November 02, 2015. More interesting news about First Trust Large Cap GO Alpha Fnd (ETF) (NASDAQ:FTC) were released by: and their article: “ETF Update: ETF Issuers Do Not Slow Down In December” published on December 27, 2015 as well as‘s news article titled: “SPY Vs. QQQ: Picking A Large-Cap ETF” with publication date: July 13, 2016.

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