Janney Montgomery Scott LLC Has $934,000 Stake in First Trust Nasdaq Transportation ETF $FTXR

Janney Montgomery Scott LLC raised its stake in First Trust Nasdaq Transportation ETF (NASDAQ:FTXR – Free Report) by 220.9% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 24,519 shares of the company’s stock after acquiring an additional 16,879 shares during the quarter. Janney Montgomery Scott LLC’s holdings in First Trust Nasdaq Transportation ETF were worth $934,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Maridea Wealth Management LLC acquired a new position in First Trust Nasdaq Transportation ETF during the 4th quarter worth approximately $1,639,000. Davis Investment Partners LLC bought a new position in First Trust Nasdaq Transportation ETF in the 1st quarter valued at approximately $1,243,000. MinichMacGregor Wealth Management LLC acquired a new stake in First Trust Nasdaq Transportation ETF in the first quarter valued at approximately $656,000. Trust Co. of Oklahoma acquired a new stake in First Trust Nasdaq Transportation ETF in the first quarter valued at approximately $718,000. Finally, Realta Investment Advisors bought a new stake in shares of First Trust Nasdaq Transportation ETF during the first quarter worth $709,000.

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First Trust Nasdaq Transportation ETF Stock Performance

Shares of NASDAQ:FTXR opened at $45.40 on Monday. The company has a fifty day moving average of $43.76 and a 200-day moving average of $41.43. The company has a market capitalization of $1.09 billion, a PE ratio of 11.80 and a beta of 1.28. First Trust Nasdaq Transportation ETF has a 52-week low of $31.39 and a 52-week high of $46.17.

First Trust Nasdaq Transportation 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 issued a $0.1268 dividend. This represents a $0.51 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend was Thursday, June 25th. This is a boost from First Trust Nasdaq Transportation ETF’s previous quarterly dividend of $0.03.

First Trust Nasdaq Transportation ETF Company Profile

(Free Report)

The First Trust Nasdaq Transportation ETF (FTXR) is an exchange-traded fund that is based on the Nasdaq US Smart Transportation index. The fund tracks an index composed of 30 US transportation companies. Holdings are selected by liquidity and weighted based on volatility, value and growth factors. FTXR was launched on Sep 20, 2016 and is managed by First Trust.

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