First Trust Institutional Etf Profile

FPEI Etf  USD 17.91  0.09  0.50%   


16 of 100


Odds Of Distress

Less than 9

First Trust is trading at 17.91 as of the 16th of April 2024. This is a -0.5 percent decrease since the beginning of the trading day. The etf's open price was 18.0. First Trust has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for First Trust Institutional are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 22nd of January 2023 and ending today, the 16th of April 2024. Click here to learn more.
The fund invests at least 80 percent of its net assets in institutional preferred securities and income-producing debt securities . FT Institutional is traded on NYSEARCA Exchange in the United States. More on First Trust Institutional

Moving together with First Etf

  0.81PFF iShares PreferredPairCorr
  0.94FPE First Trust PreferredPairCorr
  0.73PGX Invesco Preferred ETFPairCorr
  0.8PFFD Global X PreferredPairCorr
  0.97VRP Invesco Variable RatePairCorr
  0.76PGF Invesco FinancialPairCorr
  0.73PSK SPDR ICE PreferredPairCorr

Moving against First Etf

  0.85HUM Humana Inc Report 24th of April 2024 PairCorr
  0.85FNGD MicroSectors FANG Index Upward RallyPairCorr

First Etf Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. First Trust's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding First Trust or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Thematic Ideas
(View all Themes)
Business ConcentrationAsset Allocation ETFs, Target Outcome ETFs, Preferred Stock, First Trust (View all Sectors)
IssuerFirst Trust
Inception Date2017-08-22
BenchmarkNot Applicable
Entity TypeRegulated Investment Company
Asset Under Management1.27 Billion
Average Trading Valume316,409.8
Asset TypeMulti Asset
CategoryAsset Allocation
FocusTarget Outcome
Market ConcentrationBlended Development
AdministratorBrown Brothers Harriman & Co.
AdvisorFirst Trust Advisors L.P.
CustodianBrown Brothers Harriman & Co.
DistributorFirst Trust Portfolios L.P.
Portfolio ManagerScott Fleming, Robert Wolf, Eric Weaver, Angelo Graci
Transfer AgentBrown Brothers Harriman & Co.
Fiscal Year End31-Oct
ExchangeNYSE Arca, Inc.
Number of Constituents169
Market MakerJane Street
Total Expense0.85
Management Fee0.85
Country NameUSA
Returns Y T D2.87
NameFirst Trust Institutional Preferred Securities and Income ETF
Currency CodeUSD
Open FigiBBG00HJHQ0B3
In Threey Volatility9.05
1y Volatility6.42
200 Day M A17.4061
50 Day M A18.1106
Updated At15th of April 2024
Currency NameUS Dollar
First Trust Institutional [FPEI] is traded in USA and was established 2017-08-22. The fund is listed under Preferred Stock category and is part of First Trust family. The entity is thematically classified as Asset Allocation ETFs. First Trust Institutional currently have 620.71 M in assets under management (AUM). , while the total return for the last 3 years was 1.2%.
Check First Trust Probability Of Bankruptcy

Geographic Allocation (%)

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on First Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding First Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as First Trust Institutional Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top First Trust Institutional Etf Constituents

JPMorgan Chase & Co. 3.53%1.82%
Lloyds Banking Group plc 7.5%1.67%
Emera Inc 6.75%2.39%
AerCap Holdings N.V. 5.88%1.73%
Land O'Lakes Inc. 7%1.65%
Wells Fargo & Co 7 1/2 % Non Cum Perp Conv Pfd Shs -A- Series -L-1.5700001%
Barclays PLC 8%2.98%
Highlands Holdings Bond Issuer Limited / Highlands Holdings Bond Co-Issuer2.17%
Australia and New Zealand Banking Group Ltd. London Branch 6.75%1.50999995%
Enbridge Incorporation 6%2.1300001%

First Trust Target Price Odds Analysis

Coming from a normal probability distribution, the odds of First Trust jumping above the current price in 90 days from now is about 55.68%. The First Trust Institutional probability density function shows the probability of First Trust etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days First Trust Institutional has a beta of -0.0503. This usually indicates as returns on the benchmark increase, returns on holding First Trust are expected to decrease at a much lower rate. During a bear market, however, First Trust Institutional is likely to outperform the market. Additionally, first Trust Institutional has an alpha of 0.0406, implying that it can generate a 0.0406 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 17.91HorizonTargetOdds Above 17.91
43.45%90 days
Based on a normal probability distribution, the odds of First Trust to move above the current price in 90 days from now is about 55.68 (This First Trust Institutional probability density function shows the probability of First Etf to fall within a particular range of prices over 90 days) .

First Trust Top Holders

FDIVMarketDesk Focused DividendEtfModerately Conservative Allocation
More Details

First Trust Institutional Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. First Trust market risk premium is the additional return an investor will receive from holding First Trust long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in First Trust. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although First Trust's alpha and beta are two of the key measurements used to evaluate First Trust's performance over the market, the standard measures of volatility play an important role as well.

First Trust Against Markets

Picking the right benchmark for First Trust etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in First Trust etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for First Trust is critical whether you are bullish or bearish towards First Trust Institutional at a given time. Please also check how First Trust's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in First Trust without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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How to buy First Etf?

Before investing in First Trust, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in First Trust. To buy First Trust etf, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of First Trust. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase First Trust etf. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located First Trust Institutional etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased First Trust Institutional etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as First Trust Institutional, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy First Etf please use our How to Invest in First Trust guide.

Already Invested in First Trust Institutional?

The danger of trading First Trust Institutional is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of First Trust is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than First Trust. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile First Trust Institutional is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether First Trust Institutional offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Trust's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of First Trust Institutional Etf. Outlined below are crucial reports that will aid in making a well-informed decision on First Trust Institutional Etf:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Trust Institutional. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in income.
Note that the First Trust Institutional information on this page should be used as a complementary analysis to other First Trust's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of First Trust Institutional is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Trust's value that differs from its market value or its book value, called intrinsic value, which is First Trust's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Trust's market value can be influenced by many factors that don't directly affect First Trust's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Trust's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.