First Trust ETF Insiders
| FFA Etf | USD 20.01 0.15 0.76% |
First Trust employs about 14 people. The company is managed by 11 executives with a total tenure of roughly 130 years, averaging almost 11.0 years of service per executive, having 1.27 employees per reported executive. Analysis of First Trust's management performance can provide insight into the ETF performance.
| James Bowen Chairman Chairman of the Board of Trustees |
| Richard Erickson Executive Lead Independent Trustee |
First |
First Trust Management Team Effectiveness
The company has Return on Asset of 0.37 % which means that on every $100 spent on assets, it made $0.37 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (12.43) %, meaning that it generated no profit with money invested by stockholders. First Trust's management efficiency ratios could be used to measure how well First Trust manages its routine affairs as well as how well it operates its assets and liabilities.First Trust Workforce Comparison
First Trust Enhanced is rated # 5 ETF in number of employees as compared to similar ETFs. The total workforce of Asset Management category is currently estimated at about 105. First Trust retains roughly 14.0 in number of employees claiming about 13% of ETFs in Asset Management category.
First Trust Insider Trading
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific First Trust insiders, such as employees or executives, is commonly permitted as long as it does not rely on First Trust's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases, First Trust insiders must file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Walbrandt Charles D six days ago Insider Trading | ||
Mcalister Ronald Dean over three weeks ago Disposition of tradable shares by Mcalister Ronald Dean of First Trust subject to Rule 16b-3 | ||
James Bowen over two months ago Disposition of 4003 shares by James Bowen of First Trust at 21.0128 subject to Rule 16b-3 | ||
Hall R Scott over three months ago Disposition of tradable shares by Hall R Scott of First Trust subject to Rule 16b-3 | ||
Gatta Rosanne over three months ago Insider Trading | ||
Swanson Kevin Timothy over three months ago Insider Trading | ||
Chapman Erin E over three months ago Disposition of tradable shares by Chapman Erin E of First Trust subject to Rule 16b-3 | ||
Erickson Jon C over six months ago Insider Trading |
First Trust Notable Stakeholders
A First Trust stakeholder refers to an individual interested in an outcome of the business. Different stakeholders have different interests, and companies such as First Trust often face trade-offs trying to please all of them. First Trust's stakeholders can have a positive or negative influence on the entity's direction, and there are a lot of executives involved in getting First Trust's stock to the level that pleases all shareholders. Keeping track of the stakeholders is a great way to stay on top of things affecting its ongoing price.
| James Bowen | Chairman of the Board of Trustees | Profile | |
| Daniel Lindquist | Vice President | Profile | |
| James Dykas | CFO, Chief Accounting Officer, Controller and Treasurer | Profile | |
| Donald Swade | Chief Financial Officer, Chief Accounting Officer, Treasurer | Profile | |
| Richard Erickson | Lead Independent Trustee | Profile | |
| Niel Nielson | Lead Independent Trustee | Profile | |
| Robert Keith | Independent Trustee | Profile | |
| Denise Keefe | Trustee | Profile | |
| Kristi Maher | Chief Compliance Officer, Assistant Secretary | Profile | |
| Thomas Kadlec | Lead Independent Trustee | Profile | |
| W Jardine | Secretary, Chief Legal Officer | Profile |
About First Trust Management Performance
The success or failure of an entity such as First Trust Enhanced often depends on how effective the management is. First Trust management team is responsible for propelling the future growth in the right direction and administering and controlling the business activities and accounting for the results. Ineffective management usually contributes to failure in the company's future performance for all stakeholders equally, but most importantly, for investors. So it is important to measure the effectiveness of First management before purchasing its stock. In many ways, it's all about finding the answer to one important question - Are they doing the right thing right now? How would we assess whether the First management is utilizing all available resources in the best possible way? Also, how well is the company doing relative to others in its sector and the market as a whole? The answer can be found by analyzing a few important fundamental indicators such as return on assets and return on equity.
First Trust Enhanced Equity Income Fund is a closed-ended equity mutual fund launched and managed by First Trust Advisors L.P. The fund is co-managed by Chartwell Investment Partners, L.P. It invests in public equity markets of the United States. The fund seeks to invest in stocks of companies operating across the diversified sectors. It invests in stocks of companies across diversified market capitalizations. The fund also writes covered call options. It benchmarks the performance of its portfolio against the SP 500 Index. The fund was formerly known as First TrustFiduciary Asset Management Covered Call Fund. First Trust Enhanced Equity Income Fund was formed on August 26, 2004 and is domiciled in the United States.
The data published in First Trust's official financial statements typically reflect First Trust's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving First Trust's quantitative information. For example, before you start analyzing numbers published by First accountants, it's essential to understand First Trust's liquidity, profitability, and earnings quality within the context of the Financial Services space in which it operates.
Please note, the presentation of First Trust's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, First Trust's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of First Trust's management manipulating its earnings.
First Trust Workforce Analysis
Traditionally, organizations such as First Trust use manpower efficiency calculations for various incentive schemes, employee appraisal, or as an initiative to improve the processes. However, it can also be used by investors to make long-term investment decisions. The trends in the profit per employee or revenue per employee are measured by net income or revenue divided by the current number of full-time employees over a given time interval. Because workforce needs differ across sectors, these ratios could be used to compare First Trust within its industry.First Trust Manpower Efficiency
Return on First Trust Manpower
| Revenue Per Employee | 480K | |
| Revenue Per Executive | 610.9K | |
| Net Loss Per Employee | 3.3M | |
| Net Loss Per Executive | 4.2M |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Trust Enhanced. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
The market value of First Trust Enhanced is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Trust's value that differs from its market value or its book value, called intrinsic value, which is First Trust's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Trust's market value can be influenced by many factors that don't directly affect First Trust's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Trust's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.