First Trust EIP Power Solutions ETF (FPWR)

First Trust EIP Power Solutions ETF (FPWR) is an actively managed equity exchange-traded fund from First Trust Advisors, sub-advised by Energy Income Partners. It seeks risk-adjusted total return by investing in companies that provide power solutions.

The portfolio focuses on businesses involved in generating, transmitting, storing and distributing energy, including electric and gas utilities, energy infrastructure and pipeline companies, and firms that supply equipment and services for the power grid. Holdings are chosen through fundamental research rather than by tracking an index.

The fund gives concentrated exposure to the energy and utility value chain that supports electricity supply and demand. The fund is listed on NYSE Arca.