Fund Name and Strategy Change: First Trust Advisors L.P. announced that the First Trust EIP Carbon Impact ETF will change its name to the First Trust EIP Power Solutions ETF and its ticker to FPWR, effective September 5, 2025. The fund will now focus on investing at least 80% of its net assets in equity securities of companies identified as Power Solutions Companies.
Investment Philosophy Update: The fund's investment strategies have been revised to include contracted developers and owners of nuclear energy systems, emphasizing companies involved in the generation, transmission, and improvement of electric power systems.
Investment Advisory Information: First Trust Advisors L.P. serves as the investment advisor for the fund, managing approximately $281 billion in assets as of July 31, 2025. The firm provides various investment services through its affiliates.
Caution on Forward-Looking Statements: The press release includes forward-looking statements that reflect the expectations and plans of First Trust Advisors, cautioning investors about the inherent risks and uncertainties that may affect actual results.
Wall Street analysts forecast FPWR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FPWR is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
Wall Street analysts forecast FPWR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FPWR is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 34.289
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Current: 34.289
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
