First Trust Etf VI NASDAQ Technology Dividend Index Fund
IndustryExchange Traded Fund
SectorFinancial Services Etf
ExchangeNASDAQ
Market Capitalization4,333.7 mln
Business Description
This fund puts at least 90% of its money into shares of technology and telecommunications companies that regularly pay dividends to their investors. The portfolio follows a Nasdaq-developed index tracking up to 100 such companies. Unlike most funds, it does not spread its holdings broadly across many different industries or sectors.