Notable companies
The most notable companies in this group are Southern Company (The) (NYSE:SO), Cheniere Energy (NYSE:LNG), Targa Resources Corp (NYSE:TRGP).
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 26.42B. The market cap for tickers in the group ranges from 2.37B to 77.57B. SO holds the highest valuation in this group at 77.57B. 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 33%, and the average quarterly price growth was 84%. VST experienced the highest price growth at 9%, while NEP experienced the biggest fall at -3%.
Volume
The average weekly volume growth across all stocks in the First Trust EIP Carbon Impact ETF ETF was -6%. For the same stocks of the ETF, the average monthly volume growth was 30% and the average quarterly volume growth was 20%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 56
P/E Growth Rating: 46
Price Growth Rating: 38
SMR Rating: 60
Profit Risk Rating: 45
Seasonality Score: 36 (-100 ... +100)