First Trust EIP Carbon Impact ETF
ECLN
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 120 East Liberty Drive Wheaton MA United States of America 60187
- IPO Date
- Aug 21, 2019
- CIK
- 0001517936
- Website
- ftportfolios.com
- Similar Companies
- Business
- First Trust EIP Power Solutions ETF (NYSE Arca: ECLN, formerly ECLN) is an actively managed exchange-traded fund that invests primarily in equity securities of Power Solutions Companies identified by its sub-advisor, Energy Income Partners, LLC; these include firms involved in the generation or transmission of electric power, or those enhancing the electric power system's safety, cleanliness, reliability, or cost-efficiency, such as contracted developers and owners of nuclear energy systems, utilities, independent power and renewable electricity producers, and energy equipment services providers. The fund employs fundamental and quantitative analysis to select growth and value stocks across diversified market capitalizations in developed markets, focusing on North America; it benchmarks performance against the S&P 500 Index and the PHLX Utility Sector Index while avoiding sectors like coal production, oil exploration, and crude oil storage, transportation, and delivery. Launched on August 19, 2019, and domiciled in the United States, the ETF is managed by First Trust Advisors L.P., based in Wheaton, Illinois, with approximately $15-19 million in assets under management as of late 2025 and a net expense ratio of 0.97%; top holdings include American Electric Power Company, Inc. (AEP), Xcel Energy Inc. (XEL), PPL Corporation (PPL), Cheniere Energy Partners, L.P. (CQP), and TC Energy Corporation (TRP). In a significant strategic shift effective September 5, 2025, the fund changed its name from First Trust EIP Carbon Impact ETF to First Trust EIP Power Solutions ETF, adopted the ticker FPWR (with options symbol change on September 3, 2025), and revised its investment policy to expand from a carbon impact focus to broader power solutions, incorporating nuclear energy developers and emphasizing electric power infrastructure improvements. This reorganization reflects evolving market priorities in energy transition and reliability without noted recent funding rounds, acquisitions, or new product launches beyond the strategy update.