International Assets Investment Management LLC boosted its position in First Trust Indxx NextG ETF (NASDAQ:NXTG – Free Report) by 132.2% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,862 shares of the company’s stock after purchasing an additional 9,030 shares during the quarter. International Assets Investment Management LLC’s holdings in First Trust Indxx NextG ETF were worth $2,442,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other large investors have also recently bought and sold shares of the company. D.A. Davidson & CO. purchased a new position in shares of First Trust Indxx NextG ETF during the 3rd quarter valued at $1,447,000. Total Clarity Wealth Management Inc. bought a new position in shares of First Trust Indxx NextG ETF in the third quarter worth $200,000. Sigma Planning Corp purchased a new stake in shares of First Trust Indxx NextG ETF in the third quarter worth $3,102,000. Signaturefd LLC purchased a new stake in shares of First Trust Indxx NextG ETF in the third quarter worth $191,000. Finally, IFP Advisors Inc raised its position in shares of First Trust Indxx NextG ETF by 20.7% in the third quarter. IFP Advisors Inc now owns 893 shares of the company’s stock worth $137,000 after buying an additional 153 shares in the last quarter.
First Trust Indxx NextG ETF Stock Performance
NASDAQ:NXTG opened at $143.64 on Tuesday. The firm has a market capitalization of $524.29 million, a price-to-earnings ratio of 22.81 and a beta of 1.05. First Trust Indxx NextG ETF has a 52-week low of $101.01 and a 52-week high of $167.58. The stock has a fifty day moving average of $152.82 and a 200 day moving average of $138.96.
First Trust Indxx NextG ETF Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Thursday, September 24th were paid a $0.6320 dividend. The ex-dividend date was Thursday, September 24th. This represents a $2.53 dividend on an annualized basis and a yield of 1.8%. This is an increase from First Trust Indxx NextG ETF’s previous quarterly dividend of $0.5768.
First Trust Indxx NextG ETF Profile
The First Trust IndXX NextG ETF (NXTG) is an exchange-traded fund that is based on the Indxx 5G & NextG Thematic index. The fund tracks a tiered-weighted index of global equities related to next generation digital cellular technologies. NXTG was launched on Feb 17, 2011 and is managed by First Trust.
See Also
- Five stocks we like better than First Trust Indxx NextG ETF
- AbbVie’s Humira Era Is Fading, But Its New Growth Engines Face Another Test
- GLP-1 Focus or Broader Peptide Exposure: Which ETF Has the Edge?
- Mortgage Rates Froze U.S. Housing, But These 3 Overseas Markets Still Pay Double Digits
- Big Tech Is Spending Billions on AI—These 5 Stocks Are Getting Paid
Want to see what other hedge funds are holding NXTG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Indxx NextG ETF (NASDAQ:NXTG – Free Report).
Receive News & Ratings for First Trust Indxx NextG ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Indxx NextG ETF and related companies with MarketBeat.com's FREE daily email newsletter.
