Small-Cap Growth ETF (FYC) Hit a New 52-Week High
FYC ETF Performance: The Smallcap Growth Alphadex Fund (FYC) has reached a 52-week high, increasing by 44.91% from its low, driven by positive earnings and favorable U.S. economic indicators.
Future Outlook: With a Zacks ETF Rank of #3 (Hold) and a positive weighted alpha of 32.71, FYC is expected to maintain strong performance in the near term.
Discover Tomorrow's Bullish Stocks Today
Analyst Views on FYC
No data
About the author
ETF Outflow Warning: FYC, CLSK, EOSE, MVST
FYC Share Price Analysis: FYC's share price is currently at $93.42, with a 52-week low of $59.2939 and a high of $96.64, indicating a relatively stable position within its trading range.
ETFs Trading Dynamics: Exchange traded funds (ETFs) function like stocks, allowing investors to buy and sell units that can be created or destroyed based on demand, impacting the underlying assets held within the ETFs.
Projected Target Price for FYC Analyst: $104
ETF Target Price Analysis: The First Trust Small Cap Growth AlphaDEX Fund ETF (FYC) has an implied analyst target price of $104.03 per unit, indicating a potential upside of 14.43% from its current trading price of $90.91.
Notable Holdings with Upside: Key underlying holdings such as Privia Health Group Inc (PRVA), Huron Consulting Group Inc (HURN), and Arcutis Biotherapeutics Inc (ARQT) show significant upside potential based on analyst target prices, with expected increases of 20.70%, 16.18%, and 15.13% respectively.
