Royal Bank of Canada Has $16.45 Million Position in First Trust Nasdaq Semiconductor ETF $FTXL

Royal Bank of Canada increased its holdings in shares of First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXLFree Report) by 84.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 111,553 shares of the company’s stock after purchasing an additional 50,964 shares during the period. Royal Bank of Canada owned approximately 1.08% of First Trust Nasdaq Semiconductor ETF worth $16,451,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of FTXL. Hilton Head Capital Partners LLC acquired a new position in shares of First Trust Nasdaq Semiconductor ETF in the fourth quarter valued at approximately $26,000. Flagship Harbor Advisors LLC acquired a new position in First Trust Nasdaq Semiconductor ETF in the 4th quarter worth $47,000. NBC Securities Inc. boosted its stake in First Trust Nasdaq Semiconductor ETF by 27.9% in the 4th quarter. NBC Securities Inc. now owns 394 shares of the company’s stock worth $51,000 after purchasing an additional 86 shares during the period. AlphaCore Capital LLC bought a new position in First Trust Nasdaq Semiconductor ETF during the 4th quarter worth about $80,000. Finally, HBK Sorce Advisory LLC bought a new position in First Trust Nasdaq Semiconductor ETF during the 4th quarter worth about $177,000.

First Trust Nasdaq Semiconductor ETF Price Performance

FTXL opened at $230.55 on Friday. The company has a market capitalization of $1.42 billion, a price-to-earnings ratio of 28.27 and a beta of 1.74. The business’s 50-day moving average price is $251.87 and its two-hundred day moving average price is $203.50. First Trust Nasdaq Semiconductor ETF has a 1 year low of $95.16 and a 1 year high of $297.36.

First Trust Nasdaq Semiconductor ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were paid a $0.0356 dividend. This represents a $0.14 annualized dividend and a yield of 0.1%. The ex-dividend date was Thursday, June 25th. This is a positive change from First Trust Nasdaq Semiconductor ETF’s previous quarterly dividend of $0.01.

About First Trust Nasdaq Semiconductor ETF

(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

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

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