(DDIV) First Trust RBA Quality - Ratings and Ratios

The First Trust RBA Quality Income ETF (NASDAQ:DDIV) is designed to track the performance of the 50 highest dividend-yielding stocks within the NASDAQ U.S. Large Mid Index TM, focusing on companies that maintain strong relative strength. The fund typically allocates at least 90% of its net assets to the securities comprising the index, emphasizing a combination of income generation and equity performance. The ETF is structured to appeal to investors seeking exposure to mid-cap value stocks with a focus on dividend income.

Over the next three months, technical indicators suggest the ETF may face headwinds, as its last price of $38.50 is below both its 20-day SMA ($39.41) and 50-day SMA ($39.06). The 200-day SMA ($36.53) indicates longer-term support, but near-term momentum appears weak. With an ATR of 0.53, volatility is expected to remain low. Fundamental analysis highlights an AUM of $82.65M, which is moderate for an ETF, suggesting manageable liquidity. The average 20-day volume of 17,928 shares indicates limited trading activity, which could impact execution for larger trades. Overall, the ETF is likely to trade in a narrow range, with potential resistance at $40 and support near $36.50.