{"id":61037,"date":"2017-11-22T08:17:30","date_gmt":"2017-11-22T13:17:30","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=61037"},"modified":"2017-11-22T08:17:30","modified_gmt":"2017-11-22T13:17:30","slug":"first-trust-etf-follows-quant-funds-by-betting-big-on-tech","status":"publish","type":"post","link":"https:\/\/www.hedgeco.net\/news\/11\/2017\/first-trust-etf-follows-quant-funds-by-betting-big-on-tech.html","title":{"rendered":"First Trust ETF Follows Quant Funds by Betting Big on Tech"},"content":{"rendered":"<p>\n(Bloomberg) Quantitative hedge funds that bet winners will keep winning just had their best month in more than a year buying technology stocks. Now, it\u2019s exchange-traded funds\u2019 turn.   The First Trust Dorsey Wright Focus 5 ETF, which uses a computer algorithm to choose stocks that are likely to outperform, recently ramped up its holdings of tech shares in a big way. The fund-of-funds dumped its position in the First Trust Utilities AlphaDex fund in favor of the First Trust Technology AlphaDex ETF &#8212; giving it a 60 percent weighting in technology.<br \/>\n<a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2017-11-21\/first-trust-etf-follows-quant-funds-in-boosting-technology-bet\"><br \/>\n<\/a>To read this article:<\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Bloomberg) Quantitative hedge funds that bet winners will keep winning just had their best month in more than a year buying technology stocks. Now, it\u2019s exchange-traded funds\u2019 turn. The First Trust Dorsey Wright Focus 5 ETF, which uses a computer [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-61037","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/61037","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=61037"}],"version-history":[{"count":1,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/61037\/revisions"}],"predecessor-version":[{"id":61038,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/61037\/revisions\/61038"}],"wp:attachment":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=61037"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=61037"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=61037"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}