First Trust EIP Carbon Impact ETF (ECLN)
- Previous Close
28.67 - Open
28.68 - Bid --
- Ask --
- Day's Range
28.68 - 28.88 - 52 Week Range
22.10 - 29.22 - Volume
901 - Avg. Volume
7,987 - Net Assets 16.03M
- NAV 28.99
- PE Ratio (TTM) 19.90
- Yield 2.52%
- YTD Daily Total Return 21.93%
- Beta (5Y Monthly) 0.74
- Expense Ratio (net) 0.97%
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.
First Trust Advisors L.P.
Fund Family
Utilities
Fund Category
16.03M
Net Assets
2019-08-20
Inception Date
Performance Overview: ECLN
View MoreTrailing returns as of 10/11/2024. Category is Utilities.
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Holdings: ECLN
View MoreTop 10 Holdings (43.22% of Total Assets)
Sector Weightings
Related ETF News
View MoreResearch Reports: ECLN
View MoreJ&J: Shockwave Acquisition Adds Fast-Growing Medical Devices
Johnson & Johnson is the world's largest and most diverse healthcare firm. Three divisions make up the firm: pharmaceutical, medical devices and diagnostics, and consumer. The drug and device groups represent close to 80% of sales and drive the majority of cash flows for the firm. The drug division focuses on the following therapeutic areas: immunology, oncology, neurology, pulmonary, cardiology, and metabolic diseases. The device segment focuses on orthopedics, surgery tools, vision care, and a few smaller areas. The last segment of consumer focuses on baby care, beauty, oral care, over-the-counter drugs, and women’s health. The consumer group is being divested in 2023 under the new name Kenvue. Geographically, just over half of total revenue is generated in the United States.
RatingPrice TargetRaising target to $300 from $260
IQVIA Holdings is the world's largest provider of biopharmaceutical development services and commercial outsourcing services. The company is the result of the 2016 merger of Quintiles Transnational, a contract research organization, and IMS Health, a healthcare data and analytics provider. IQVIA is headquartered in Research Triangle Park, North Carolina. IQVIA provides advanced analytics, technology solutions, and clinical research services to the life sciences industry in the Americas, Europe, Africa, and the Asia-Pacific. It operates through three segments: Technology & Analytics Solutions, Research & Development Solutions, and Contract Sales & Medical Solutions. IQVIA provides intelligent connections across all aspects of healthcare through its analytics, technology, big data resources and extensive domain expertise. IQVIA's Connected Intelligence delivers actionable insights to enable customers to accelerate the clinical development and commercialization of new therapies. The company has about 86,000 employees. IQVIA has one of the largest collections of healthcare information in the world, which includes more than 1.2 billion comprehensive, longitudinal, non-identified patient records spanning sales and prescription data, medical claims, electronic medical records, genomics and social media.
RatingPrice TargetIQVIA Earnings: Robust Demand for Outsourced Clinical Trials Drives Growth; Shares Fairly Valued
IQVIA is the result of the 2016 merger of Quintiles, a leading global contract research organization, and IMS Health, a leading healthcare data and analytics provider. The Research & Development segment focuses primarily on providing outsourced late-stage clinical trials for pharmaceutical, device, and diagnostic firms. The technology and analytics segment provides aggregated information and technology services to clients in the healthcare industry, including pharmaceutical companies, providers, payers, and policymakers, as well as data and analytics capabilities for clinical trials, including virtual trials. The company also has a small contract sales business.
RatingPrice TargetIQVIA Earnings: Strong Outsourced Clinical Trial Demand Drives Growth; Shares Undervalued
IQVIA is the result of the 2016 merger of Quintiles, a leading global contract research organization, and IMS Health, a leading healthcare data and analytics provider. The Research & Development segment focuses primarily on providing outsourced late-stage clinical trials for pharmaceutical, device, and diagnostic firms. The technology and analytics segment provides aggregated information and technology services to clients in the healthcare industry, including pharmaceutical companies, providers, payers, and policymakers, as well as data and analytics capabilities for clinical trials, including virtual trials. The company also has a small contract sales business.
RatingPrice Target