(FRI) First Trust S&P REIT - Ratings and Ratios

The First Trust S&P REIT Index Fund (NYSE ARCA:FRI) is an exchange-traded fund (ETF) designed to track the performance of publicly-traded real estate investment trusts (REITs) in the United States. The fund typically invests at least 90% of its net assets in securities that comprise its underlying index, which is specifically designed to measure the performance of U.S.-domiciled REITs that meet certain eligibility criteria. This includes market capitalization, liquidity, and other qualitative and quantitative requirements. For more information, visit http://www.ftportfolios.com/.

Ticker Symbol: FRI | Exchange: NYSE ARCA | Type: ETF | Country Origin: USA | ETF Category: Real Estate

Based on the provided data, the fund has an average 20-day volume of 62,546 shares, indicating moderate trading activity. The last price of $28.41 suggests the fund is currently trading slightly above its 20-day simple moving average (SMA) of $28.16 and its 50-day SMA of $27.64. However, it is trading below its 200-day SMA of $27.44, which may indicate a potential trend reversal. The average true range (ATR) of 0.37 reflects relatively low volatility, suggesting stable price movements.

The funds assets under management (AUM) total $163.21 million, which is a moderate size for an ETF in the real estate category. This AUM level supports sufficient liquidity for most investors while maintaining a focused exposure to the U.S. REIT market.

3-Month Forecast: - Price Range: Based on the current SMA levels and ATR, the fund is expected to trade within a narrow range of $28.00 to $28.80 over the next three months. - Trend Outlook: The funds price is currently above the 20-day and 50-day SMAs but below the 200-day SMA, suggesting a neutral to slightly bearish trend in the near term. However, the low ATR indicates that price movements are likely to remain stable, with minimal volatility. - Volume Expectation: Average daily trading volume is expected to remain consistent at around 62,500 shares, reflecting steady investor interest without significant shifts in demand. - AUM Stability: The funds AUM is expected to remain stable, supported by its focused exposure to the U.S. REIT market and moderate investor demand.