First Trust Alerian Disruptive Technology Real Estate ETF (FFR)
First Trust Alerian Disruptive Technology Real Estate ETF operates in the Asset Management - Global industry of the Financial Services sector, headquartered in Wheaton, IL, US. The stock last traded at $36.88, up 1.28% on the session, giving a market capitalisation of $24.9M. Its beta of 1.08 implies it has historically moved more than the broad market.
The fund generally commits a minimum of 90% of its entire capital (which includes any borrowed funds) to the equity instruments – common stocks and depositary receipts – that constitute its benchmark index. This index utilizes a modified market capitalization weighting approach, determined by the free-float market value of shares. Its constituents are real estate companies or Real Estate Investment Trusts (REITs) whose securities are publicly traded on an official exchange in North America, Europe, or Asia, and which additionally furnish an audited annual report in English.
First Trust Alerian Disruptive Technology Real Estate ETF is most often compared with the following Financial Services names: