FTLS stock forecast, quote, news & analysis

The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Microsoft Corp (NASDAQ:MSFT), Apple (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN), Alphabet (NASDAQ:GOOG), Alphabet (NASDAQ:GOOGL), Meta Platforms (NASDAQ:META), Broadcom Inc. (NASDAQ:AVGO), Eli Lilly & Co (NYSE:LLY), VISA (NYSE:V).

The investment seeks to provide investors with long-term total return. Under normal conditions, the fund will expose at least 80% of its net assets (including investment borrowings) to U.S. exchange-listed equity securities and/or U.S. exchange-traded funds ("ETFs") that provide exposure to U.S. exchange-listed equity securities. It pursues its investment objective by establishing long and short positions in its portfolio of U.S. exchange-listed equity securities and ETFs. The fund may invest up to 20% of its net assets (including investment borrowings) in U.S. exchange-listed equity index futures contracts.

The average market capitalization across the First Trust Long/Short Equity ETF ETF is 97.23B. The market cap for tickers in the group ranges from 20.66M to 3.55T. NVDA holds the highest valuation in this group at 3.55T. The lowest valued company is LOGN at 20.66M.

The average weekly price growth across all stocks in the First Trust Long/Short Equity ETF ETF was 1%. For the same ETF, the average monthly price growth was 3%, and the average quarterly price growth was 10%. SMCI experienced the highest price growth at 35%, while MCHP experienced the biggest fall at -13%.

The average weekly volume growth across all stocks in the First Trust Long/Short Equity ETF ETF was 47%. For the same stocks of the ETF, the average monthly volume growth was -35% and the average quarterly volume growth was -3%