(FSGS) First Trust SMID Growth - Ratings and Ratios

The First Trust SMID Growth Strength ETF (NASDAQ:FSGS) is designed to track the performance of small and mid-sized companies with strong financial health and competitive market positions. The fund typically allocates at least 80% of its net assets to securities included in its underlying index, which focuses on well-capitalized firms with growth potential. The index methodology emphasizes companies with strong balance sheets, stable cash flows, and solid revenue growth, aiming to capture opportunities in the SMID-cap segment.

From a technical perspective, FSGS has shown recent trading activity with an average 20-day volume of 10,053 shares. The funds last price of $27.72 is below its short-term (SMA 20: $28.99) and medium-term (SMA 50: $29.81) moving averages, indicating bearish momentum. The 200-day moving average of $29.26 further highlights the current downward trend. The ATR of 0.36 reflects low volatility, suggesting limited price fluctuations in recent trading sessions.

Fundamentally, the ETF manages assets under management (AUM) of $28.06 million, which is relatively modest compared to larger ETFs. This smaller AUM may result in higher expense ratios and less liquidity, but it also allows for targeted exposure to a specific segment of the market.