First Trust Capital Strength ETF Sees Notable Inflow This Week
In a noteworthy development for investors, the First Trust Capital Strength ETF (Symbol: FTCS) has experienced a substantial inflow of approximately $155.7 million. This represents a week-over-week increase of 1.8% in outstanding units, which rose from 97,400,002 to 99,150,002.
Among the top holdings in FTCS, notable performers today include Packaging Corp of America (Symbol: PKG), which is up about 0.9%, Snap-On, Inc. (Symbol: SNA), increasing by around 0.4%, and Ross Stores Inc (Symbol: ROST), climbing by approximately 1%. For those interested in an exhaustive list of holdings, please visit the FTCS Holdings page »
The accompanying chart illustrates FTCS’s one-year price performance compared to its 200-day moving average:
Currently, FTCS’s share price sits at $89.32, nestled between its 52-week low of $79.70 and high of $94.23. Analyzing the share price against the 200-day moving average can provide added insights for traders interested in technical analysis. To explore more on this topic, see our guide on the 200-day moving average ».
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Exchange-traded funds (ETFs) operate similarly to stocks, but investors trade in “units.” These units are exchanged like stocks and can be created or destroyed based on investor demand. Weekly, we monitor changes in outstanding shares to identify ETFs with notable inflows, which indicate the creation of new units, or outflows, reflecting the destruction of units. Significant inflows or outflows can also affect the underlying assets within the ETFs.
Click here to see which 9 other ETFs recorded significant inflows »
Also see:
- Best Value Stocks
- Funds Holding HYG
- USFD Average Annual Return
The views and opinions expressed herein are those of the author and do not reflect those of Nasdaq, Inc.
