First Trust Exchange-Traded Fund II - First Trust Bloomberg Artificial Intelligence ETF
FAI
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 120 East Liberty Drive, Suite 400 Wheaton IL United States of America 60187
- IPO Date
- Nov 21, 2024
- CIK
- 0001125816
- Similar Companies
- Business
- First Trust Exchange-Traded Fund II - First Trust Bloomberg Artificial Intelligence ETF is a U.S.-domiciled, exchange-traded fund that seeks investment results corresponding generally, before fees and expenses, to the price and yield performance of the Bloomberg Artificial Intelligence Index. The fund employs a passive, index-based investment strategy and normally invests at least 80% of its net assets in securities comprising its underlying index. Its investment portfolio provides equity exposure to companies considered participants in the artificial-intelligence industry, including businesses involved in AI-related hardware, semiconductors, data infrastructure, cloud computing, software, platforms, communications and related products and services. The underlying methodology selects globally listed companies based on AI-revenue and thematic assessments, with a focus on leading AI-related securities. The fund’s holdings have included major technology and semiconductor companies such as Microsoft Corp., NVIDIA Corp., Broadcom Inc., Amazon.com Inc. and Alphabet Inc., among others. First Trust Bloomberg Artificial Intelligence ETF is managed by First Trust Advisors L.P. and is sponsored within the First Trust Exchange-Traded Fund II trust platform. It is listed in the United States under the ticker symbol FAI, trades in U.S. dollars, and charges a 0.65% total expense ratio. The fund commenced operations in November 2024 and is headquartered through its sponsor’s operations in Wheaton, Illinois, United States. Its principal recent strategic development was its launch in November 2024, expanding First Trust’s thematic ETF offering through a collaboration with Bloomberg Index Services Ltd. to provide dedicated, rules-based global equity exposure to the artificial-intelligence investment theme.