First Trust Exchange Traded Etf Profile

MGOV Etf   20.31  0.09  0.45%   

Performance

0 of 100

 
Weak
 
Strong
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Odds Of Distress

Less than 9

 
High
 
Low
Low
First Trust is selling for under 20.31 as of the 30th of November 2024; that is 0.45 percent up since the beginning of the trading day. The etf's lowest day price was 20.3. First Trust has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for First Trust Exchange Traded are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
First Trust is entity of United States. It is traded as Etf on NYSE ARCA exchange. More on First Trust Exchange Traded

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First Etf Highlights

Thematic IdeaBroad Market ETFs (View all Themes)
Business ConcentrationBroad Market ETFs, Intermediate Government (View all Sectors)
IssuerFirst Trust
Inception Date2023-08-02
Entity TypeRegulated Investment Company
Asset Under Management58.73 Million
Asset TypeFixed Income
CategoryU.S. Government
FocusBroad Market
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorThe Bank of New York Mellon Corporation
AdvisorFirst Trust Advisors L.P.
CustodianThe Bank of New York Mellon Corporation
DistributorFirst Trust Portfolios L.P.
Portfolio ManagerWilliam Housey, Todd Larson, Eric Maisel, Jeffrey Scott, Nathan Simons, Scott Skowronski, Sebastian Dassouli
Transfer AgentThe Bank of New York Mellon Corporation
Fiscal Year End31-Oct
ExchangeNYSE Arca, Inc.
Number of Constituents105
Market MakerJane Street
Total Expense0.65
Management Fee0.65
200 Day M A20.2423
Country NameUSA
50 Day M A20.3885
CodeMGOV
Updated At29th of November 2024
Returns Y T D3.05
NameFirst Trust Exchange-Traded Fund IV
Currency NameUS Dollar
Currency CodeUSD
Open FigiBBG01HP28171
TypeETF
1y Volatility8.5
First Trust Exchange Traded [MGOV] is traded in USA and was established null. The fund is listed under Intermediate Government. The entity is thematically classified as Broad Market ETFs. First Trust Exchange now have in assets. with the current yeild of 0.01%, while the total return for the last year was 7.2%.
Check First Trust Probability Of Bankruptcy

First Trust Exchange Risk Profiles

The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in First Trust. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

First Trust Against Markets

When determining whether First Trust Exchange is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if First Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about First Trust Exchange Traded Etf. Highlighted below are key reports to facilitate an investment decision about First Trust Exchange Traded Etf:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in First Trust Exchange Traded. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in persons.
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The market value of First Trust Exchange is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Trust's value that differs from its market value or its book value, called intrinsic value, which is First Trust's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Trust's market value can be influenced by many factors that don't directly affect First Trust's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Trust's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.