NewEdge Advisors LLC Has $5.42 Million Stake in First Trust Nasdaq Bank ETF $FTXO

Posted by on Aug 12th, 2026

NewEdge Advisors LLC lifted its position in shares of First Trust Nasdaq Bank ETF (NASDAQ:FTXO – Free Report) by 84.3% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 150,000 shares of the company’s stock after purchasing an additional 68,593 shares during the period. NewEdge Advisors LLC owned 1.78% of First Trust Nasdaq Bank ETF worth $5,425,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in FTXO. Comerica Bank bought a new stake in First Trust Nasdaq Bank ETF in the 1st quarter valued at $28,000. Fifth Third Bancorp bought a new position in First Trust Nasdaq Bank ETF during the 1st quarter worth $30,000. JPMorgan Chase & Co. acquired a new stake in shares of First Trust Nasdaq Bank ETF during the third quarter worth $37,000. NBC Securities Inc. boosted its position in shares of First Trust Nasdaq Bank ETF by 22.5% in the fourth quarter. NBC Securities Inc. now owns 1,636 shares of the company’s stock valued at $62,000 after acquiring an additional 301 shares during the period. Finally, Sound Income Strategies LLC boosted its position in shares of First Trust Nasdaq Bank ETF by 1,811.2% in the first quarter. Sound Income Strategies LLC now owns 2,045 shares of the company’s stock valued at $75,000 after acquiring an additional 1,938 shares during the period.

First Trust Nasdaq Bank ETF Stock Performance

FTXO stock opened at $43.23 on Wednesday. The company’s 50-day simple moving average is $41.65 and its 200 day simple moving average is $39.21. First Trust Nasdaq Bank ETF has a 52 week low of $32.90 and a 52 week high of $43.71. The company has a market capitalization of $313.42 million, a PE ratio of 11.56 and a beta of 0.89.

First Trust Nasdaq Bank ETF Increases Dividend

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

About First Trust Nasdaq Bank ETF

(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.

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

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