Flows Coverage: First Trust Large Cap Core Alp Fnd (ETF) Registered $-226.01M Redemptions Because Of -13.92% AUM Decrease


Flows Coverage: First Trust Large Cap Core Alp Fnd (ETF) Registered $ 226.01M Redemptions Because Of  13.92% AUM Decrease

Today were reported First Trust Large Cap Core Alp Fnd (ETF) (NASDAQ:FEX)‘s daily net flows. The ETF registered $-226.01M asset outflows for -13.92% decrease, reaching $1398.03M after yestarday’s trading session. The chart of First Trust Large Cap Core Alp 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 $0.21 on October 10, hitting $46.57. First Trust Large Cap Core Alp Fnd (ETF) (NASDAQ:FEX) has risen 8.58% since March 8, 2016 and is uptrending. It has underperformed by 0.74% the S&P500.

The ETF’s YTD performance is 9.07%, the 1 year is 13.37% and the 3 year is 9%.

The ETF’s average P/E ratio is 17.02, the price to book is 2.09, the price to sales is 1.3 and the price to cashflow is 6.87. First Trust Large Cap Core Alp 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 0.62% of assets, American Airlines Group Inc. for 0.55%, Micron Technology Inc. for 0.55%, United Continental Holdings for 0.54%, Hewlett Packard Enterprise Comp for 0.54%, Best Buy Co. Inc. Common Stock for 0.53%, Applied Materials Inc. for 0.53%, Edwards Lifesciences Corporatio for 0.52%, Sprint Corporation Common Stock for 0.51%, Lear Corporation Common Stock for 0.50%. The ETF sector weights are: Basic Materials 3.55%, Consumer Cyclical 15.91%, Financial Services 17.38%, Realestate 5.11%, Consumer Defensive 7.83%, Healthcare 8.31%, Utilities 7.03%, Communication Services 3.56%, Energy 4.16%, Industrials 14.73%, Technology 12.42%. The ETF currently as 0% yield.

More notable recent First Trust Large Cap Core Alp Fnd (ETF) (NASDAQ:FEX) news were published by: Etfdb.com which released: “{{ resource.name }} ETFs” on September 18, 2009, also Etfdb.com with their article: “SPY Alternatives: 9 Spinoffs of the Original S&P 500 ETF” published on April 21, 2010, Seekingalpha.com published: “Which High Yield ETF Is The Best In The Market?” on May 15, 2016. More interesting news about First Trust Large Cap Core Alp Fnd (ETF) (NASDAQ:FEX) were released by: Bloomberg.com and their article: “Attack of the Algorithms!” published on March 16, 2015 as well as Businesswire.com‘s news article titled: “Goldman Sachs Asset Management Launches First ActiveBeta® Exchange-Traded Fund” with publication date: September 21, 2015.

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