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RNLC

Closed

First Trust Large Cap Us Equity Select Etf

37.0735
+0.2601 (+0.71%)
Last Update: 07 Mar 2024 17:30:00
Yesterday: 36.8134
Day's Range: 37.05 - 37.1299
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When Written:
 
30.72
The First Trust Large Cap US Equity Select ETF (ticker symbol: RNLC) is an exchange-traded fund that seeks to track the performance of the StrataQuant® Large Cap US Index. The index is designed to select stocks from the Russell 1000 Index based on a proprietary quantitative model that considers factors such as valuation, quality, momentum, and volatility.

The RNLC ETF was launched in September 2016 and has an expense ratio of 0.60%. It holds 200 large-cap stocks from a variety of sectors, with a focus on companies that have strong fundamentals and attractive valuations. The top holdings of the RNLC ETF include Apple Inc., Microsoft Corporation, Amazon.com Inc., and Alphabet Inc.

Investors can use the RNLC ETF to gain exposure to a diversified portfolio of large-cap US stocks with a focus on quality and value. The ETF can be bought and sold throughout the trading day like a stock, making it a convenient and flexible investment option. However, like all investments, the RNLC ETF carries some risks, including market volatility and the potential for losses.

Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
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