ETF On Watch: First Trust Dow Jones Sel MicroCap ETF (FDM) Rises 0.15% for Nov 16

November 16, 2016 - By Hazel Jackson   ·   0 Comments

Nov 16 is a positive day so far for First Trust Dow Jones Sel MicroCap ETF (NYSEARCA:FDM) as the ETF is active during the day after gaining 0.15% to hit $40.02 per share. The exchange traded fund has 49.91 million net assets and 1.03% volatility this month.

Over the course of the day 2,113 shares traded hands, as compared to an average volume of 4,980 over the last 30 days for First Trust Dow Jones Sel MicroCap ETF (NYSEARCA:FDM).

The ETF is 3.23% of its 52-Week High and 38.50% of its low, and is currently having ATR of 0.55. This year’s performance is 19.42% while this quarter’s performance is 10.12%.

The ETF’s YTD performance is 8.76%, the 1 year is 7.59% and the 3 year is 6.71%.

The ETF’s average P/E ratio is 13.07, the price to book is 1.32, the price to sales is 0.75 and the price to cashflow is 6.3. It was started on 9/30/2005. The fund’s top holdings are: Chimera Investment Corporation for 3.17% of assets, Piper Jaffray Companies Common for 0.92%, First Busey Corporation for 0.86%, Hersha Hospitality Trust Class for 0.86%, Winnebago Industries Inc. Comm for 0.86%, United Financial Bancorp Inc. for 0.84%, TrustCo Bank Corp NY for 0.76%, Washington Trust Bancorp Inc. for 0.76%, Enterprise Financial Services C for 0.75%, HomeStreet Inc. for 0.73%. The ETF sector weights are: Basic Materials 4.39%, Consumer Cyclical 18.39%, Financial Services 43.69%, Realestate 5.98%, Consumer Defensive 3.89%, Healthcare 2.67%, Utilities 1.05%, Communication Services 1.14%, Energy 0.30%, Industrials 13.38%, Technology 5.13%. The ETF currently as 1.68% yield.

Another recent and important First Trust Dow Jones Sel.MicroCap (ETF) (NYSEARCA:FDM) news was published by Reuters.com which published an article titled: “First Trust Dow Jones Sel.MicroCap (ETF) Announces Exchange Change-Stock Exchange” on November 06, 2008.

First Trust Dow Jones Select MicroCap Index Fund seeks investment results that correspond generally to the price and yield of an equity index called the Dow Jones Select MicroCap Index (the Index). The ETF has a market cap of $49.91 million. The Fund will normally invest at least 90% of its assets in common stocks that comprise the Index. It currently has negative earnings. The Index measures the performance of selected United States micro-capitalization companies chosen from all common stocks traded on the NYSE, NYSE Amex and The NASDAQ Stock Market, Inc. that are comparatively liquid and have strong fundamentals relative to the micro-capitalization segment as a whole.

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By Hazel Jackson


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