NewEdge Advisors LLC Sells 102,006 Shares of First Trust Nasdaq Semiconductor ETF $FTXL

NewEdge Advisors LLC trimmed its stake in shares of First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXLFree Report) by 74.6% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 34,701 shares of the company’s stock after selling 102,006 shares during the period. NewEdge Advisors LLC owned about 0.34% of First Trust Nasdaq Semiconductor ETF worth $5,117,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in FTXL. Sound Income Strategies LLC raised its stake in shares of First Trust Nasdaq Semiconductor ETF by 0.6% in the 1st quarter. Sound Income Strategies LLC now owns 9,922 shares of the company’s stock valued at $1,510,000 after purchasing an additional 61 shares during the period. NBC Securities Inc. boosted its position in shares of First Trust Nasdaq Semiconductor ETF by 27.9% during the fourth quarter. NBC Securities Inc. now owns 394 shares of the company’s stock worth $51,000 after buying an additional 86 shares during the period. Twin Peaks Wealth Advisors LLC grew its holdings in shares of First Trust Nasdaq Semiconductor ETF by 2.5% during the fourth quarter. Twin Peaks Wealth Advisors LLC now owns 4,608 shares of the company’s stock worth $597,000 after buying an additional 113 shares in the last quarter. Davis Investment Partners LLC grew its holdings in shares of First Trust Nasdaq Semiconductor ETF by 1.8% during the first quarter. Davis Investment Partners LLC now owns 9,893 shares of the company’s stock worth $1,459,000 after buying an additional 172 shares in the last quarter. Finally, Hilton Head Capital Partners LLC acquired a new stake in First Trust Nasdaq Semiconductor ETF in the 4th quarter valued at approximately $26,000.

First Trust Nasdaq Semiconductor ETF Stock Performance

NASDAQ FTXL opened at $217.82 on Friday. The stock has a market capitalization of $1.44 billion, a price-to-earnings ratio of 28.27 and a beta of 1.71. The stock’s 50 day moving average price is $254.82 and its two-hundred day moving average price is $200.68. First Trust Nasdaq Semiconductor ETF has a 52 week low of $93.61 and a 52 week high of $297.36.

First Trust Nasdaq Semiconductor ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were issued a $0.0356 dividend. This represents a $0.14 dividend on an annualized basis and a dividend yield of 0.1%. This is a boost from First Trust Nasdaq Semiconductor ETF’s previous quarterly dividend of $0.01. The ex-dividend date was Thursday, June 25th.

First Trust Nasdaq Semiconductor ETF Company Profile

(Free Report)

The First Trust Nasdaq Semiconductor ETF (FTXL) is an exchange-traded fund that is based on the Nasdaq US Smart Semiconductor index. The fund tracks an index of the most liquid US semiconductor companies, weighted according to factors related to value, volatility and growth. FTXL was launched on Sep 20, 2016 and is managed by First Trust.

See Also

Institutional Ownership by Quarter for First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL)

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