Signature Equity Partners LLC Sells 15,337 Shares of First Trust Nasdaq Bank ETF $FTXO

Signature Equity Partners LLC cut its holdings in shares of First Trust Nasdaq Bank ETF (NASDAQ:FTXOFree Report) by 72.4% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,836 shares of the company’s stock after selling 15,337 shares during the period. Signature Equity Partners LLC owned 0.07% of First Trust Nasdaq Bank ETF worth $211,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the business. Oppenheimer & Co. Inc. bought a new stake in shares of First Trust Nasdaq Bank ETF during the fourth quarter worth approximately $4,465,000. Wells Fargo & Company MN boosted its stake in First Trust Nasdaq Bank ETF by 17.1% in the fourth quarter. Wells Fargo & Company MN now owns 449,085 shares of the company’s stock valued at $16,970,000 after acquiring an additional 65,420 shares during the last quarter. Goldman Sachs Group Inc. grew its holdings in First Trust Nasdaq Bank ETF by 282.1% during the 4th quarter. Goldman Sachs Group Inc. now owns 76,799 shares of the company’s stock worth $2,902,000 after acquiring an additional 56,699 shares during the period. NewEdge Advisors LLC grew its holdings in First Trust Nasdaq Bank ETF by 220.0% during the 4th quarter. NewEdge Advisors LLC now owns 81,407 shares of the company’s stock worth $3,076,000 after acquiring an additional 55,971 shares during the period. Finally, Bank of America Corp DE raised its position in shares of First Trust Nasdaq Bank ETF by 29.6% during the 3rd quarter. Bank of America Corp DE now owns 204,787 shares of the company’s stock valued at $7,292,000 after acquiring an additional 46,736 shares during the last quarter.

First Trust Nasdaq Bank ETF Stock Down 0.7%

FTXO stock opened at $42.11 on Friday. First Trust Nasdaq Bank ETF has a twelve month low of $32.57 and a twelve month high of $43.21. The company has a market cap of $303.19 million, a P/E ratio of 11.56 and a beta of 0.89. The business’s fifty day moving average is $40.38 and its 200-day moving average is $38.83.

First Trust Nasdaq Bank ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were paid a $0.2572 dividend. The ex-dividend date of this dividend was Thursday, June 25th. This is a positive change from First Trust Nasdaq Bank ETF’s previous quarterly dividend of $0.07. This represents a $1.03 annualized dividend and a yield of 2.4%.

First Trust Nasdaq Bank ETF Profile

(Free Report)

The First Trust Nasdaq Bank ETF (FTXO) is an exchange-traded fund that is based on the NASDAQ US Banks index. The fund tracks an index composed of the most liquid US banking companies. Holdings are selected by their liquidity, and weighted based on volatility, value, and growth factors. FTXO was launched on Sep 20, 2016 and is managed by First Trust.

See Also

Institutional Ownership by Quarter for First Trust Nasdaq Bank ETF (NASDAQ:FTXO)

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