28-Mar-2024
No press releases found.
First Trust S&P REIT Index Fund ETF declares $0.0975 dividend
Seeking Alpha News (Wed, 27-Mar 1:48 PM ET)
REITs said to have reduced February capital offering activities by about half
Seeking Alpha News (Tue, 26-Mar 10:39 AM ET)
Office REITs post drop in Q4 occupancy
Seeking Alpha News (Mon, 25-Mar 2:20 PM ET)
The First Trust S&P REIT Index Fund is an exchange-traded fund. This exchange-traded fund seeks investment results that correspond generally to the price and yield (before the funds fees and expenses) of an equity index called the S&P United States REIT Index.
First Trust S&P REIT trades on the ARCA stock market under the symbol FRI.
As of March 28, 2024, FRI stock price climbed to $25.99 with 25,355 million shares trading.
FRI has a beta of 1.20, meaning it tends to be more sensitive to market movements. FRI has a correlation of 0.52 to the broad based SPY ETF.
FRI has a market cap of $120.87 million. This is considered a Micro Cap stock.
In the last 3 years, FRI stock traded as high as $32.83 and as low as $21.21.
FRI has underperformed the market in the last year with a price return of +16.0% while the SPY ETF gained +33.6%. FRI has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -1.0% and +0.8%, respectively, while the SPY returned +10.1% and +1.7%, respectively.
FRI support price is $25.51 and resistance is $26.05 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FRI stock will trade within this expected range on the day.