Notable companies
The most notable companies in this group are Nextera Energy Inc (NYSE:NEE), Southern Company (The) (NYSE:SO), PG&E Corp (NYSE:PCG), Dominion Energy (NYSE:D), Cheniere Energy (NYSE:LNG), Targa Resources Corp (NYSE:TRGP), First Solar (NASDAQ:FSLR), Generac Holdings (NYSE:GNRC).
Industry description
The investment seeks to achieve a competitive risk-adjusted total return balanced between dividends and capital appreciation.
Under normal market conditions, the fund will invest at least 80% of its net assets (including investment borrowings) in the equity securities of companies identified by the fund's investment sub-advisor as having or seeking to have a positive carbon impact. Its investments will be concentrated in the industries constituting the energy infrastructure sector. The fund is non-diversified.
Market Cap
The average market capitalization across the First Trust EIP Carbon Impact ETF ETF is 27.38B. The market cap for tickers in the group ranges from 2.37B to 131.17B. NEE holds the highest valuation in this group at 131.17B. The lowest valued company is CPK at 2.37B.
High and low price notable news
The average weekly price growth across all stocks in the First Trust EIP Carbon Impact ETF ETF was 20%. For the same ETF, the average monthly price growth was 49%, and the average quarterly price growth was 44%. CEG experienced the highest price growth at 21%, while TRGP experienced the biggest fall at -11%.
Volume
The average weekly volume growth across all stocks in the First Trust EIP Carbon Impact ETF ETF was 11%. For the same stocks of the ETF, the average monthly volume growth was -48% and the average quarterly volume growth was -22%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 68
P/E Growth Rating: 41
Price Growth Rating: 39
SMR Rating: 61
Profit Risk Rating: 44
Seasonality Score: -8 (-100 ... +100)