First Trust Indxx NextG ETF (NASDAQ:NXTG) Short Interest Update

First Trust Indxx NextG ETF (NASDAQ:NXTGGet Free Report) saw a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 1,557 shares, a growth of 182.6% from the April 15th total of 551 shares. Based on an average trading volume of 7,880 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the company’s shares are sold short.

Hedge Funds Weigh In On First Trust Indxx NextG ETF

Several institutional investors and hedge funds have recently modified their holdings of the stock. Stephens Inc. AR boosted its stake in First Trust Indxx NextG ETF by 1.3% in the 1st quarter. Stephens Inc. AR now owns 6,729 shares of the company’s stock worth $753,000 after purchasing an additional 87 shares in the last quarter. J.W. Cole Advisors Inc. lifted its stake in shares of First Trust Indxx NextG ETF by 1.4% in the fourth quarter. J.W. Cole Advisors Inc. now owns 8,063 shares of the company’s stock worth $869,000 after buying an additional 111 shares in the last quarter. Private Advisor Group LLC grew its holdings in shares of First Trust Indxx NextG ETF by 0.7% during the third quarter. Private Advisor Group LLC now owns 20,852 shares of the company’s stock valued at $2,160,000 after buying an additional 147 shares during the last quarter. JPMorgan Chase & Co. increased its position in shares of First Trust Indxx NextG ETF by 16.9% during the second quarter. JPMorgan Chase & Co. now owns 1,170 shares of the company’s stock valued at $114,000 after acquiring an additional 169 shares in the last quarter. Finally, Banco Santander S.A. increased its position in shares of First Trust Indxx NextG ETF by 6.1% during the fourth quarter. Banco Santander S.A. now owns 3,120 shares of the company’s stock valued at $336,000 after acquiring an additional 180 shares in the last quarter.

First Trust Indxx NextG ETF Stock Performance

First Trust Indxx NextG ETF stock opened at $146.87 on Friday. First Trust Indxx NextG ETF has a fifty-two week low of $90.37 and a fifty-two week high of $147.50. The stock’s 50 day simple moving average is $123.08 and its two-hundred day simple moving average is $115.03. The stock has a market cap of $543.42 million, a price-to-earnings ratio of 22.81 and a beta of 0.99.

First Trust Indxx NextG ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th were issued a $0.2317 dividend. This represents a $0.93 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend was Thursday, March 26th.

First Trust Indxx NextG ETF Company Profile

(Get Free Report)

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.

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