Exchange Traded Fund (ETF) Trading Strategies

Thursday, November 19, 2009

First Trust Electric Infrastructure

On Nov. 17, First Trust Advisors rolled First Trust Nasdaq Clean Edge Smart Grid Infrastructure Index (GRID).

GRID holds 29 companies involved in producing electric grids, meters, devices, networks, energy storage and management and software used by the sector. The fund most heavily weights industrials at 73% of assets, followed by info tech 19% and utilities 9%. Its expense ratio: 0.70%.

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