Company Description
First Trust Exchange-Traded Fund II (ARVR) is an exchange-traded fund that provides investors with exposure to specific market segments through a professionally managed portfolio. As an ETF, ARVR trades on stock exchanges like individual stocks while offering the diversification benefits typically associated with mutual funds.
Exchange-Traded Fund Structure
ETFs combine features of both mutual funds and individual stocks. Shares trade throughout the day at market prices, allowing investors to buy and sell positions during regular trading hours. This structure provides liquidity and transparency that differs from traditional mutual funds, which only trade at net asset value after market close.
Investment Approach
The fund operates under the First Trust umbrella, a family of investment products that spans multiple asset classes and investment strategies. First Trust manages numerous ETFs across equity, fixed income, and alternative investment categories, each designed to track specific market segments or investment themes.
Portfolio Management
Professional portfolio managers oversee the fund's holdings, making allocation decisions based on the fund's stated investment objectives. The ETF structure allows for tax-efficient trading and typically lower expense ratios compared to actively managed mutual funds, though costs vary by fund strategy and complexity.
Market Access
ARVR provides retail and institutional investors access to portfolio exposure that might otherwise require significant capital or expertise to replicate independently. The ETF trades on major exchanges, making it accessible through standard brokerage accounts.
Stock Performance
Latest News
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SEC Filings
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