Members Advisory Group LLC Buys Shares of 7,577 First Trust Nasdaq Semiconductor ETF $FTXL

Members Advisory Group LLC purchased a new position in shares of First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXLFree Report) in the first quarter, Holdings Channel.com reports. The fund purchased 7,577 shares of the company’s stock, valued at approximately $1,117,000. First Trust Nasdaq Semiconductor ETF makes up approximately 0.4% of Members Advisory Group LLC’s portfolio, making the stock its 27th largest position.

Other institutional investors and hedge funds have also modified their holdings of the company. Sigma Planning Corp bought a new position in First Trust Nasdaq Semiconductor ETF in the first quarter valued at about $635,000. Equitable Trust Co. lifted its holdings in shares of First Trust Nasdaq Semiconductor ETF by 195.4% in the first quarter. Equitable Trust Co. now owns 5,707 shares of the company’s stock worth $842,000 after acquiring an additional 3,775 shares during the last quarter. Kestra Advisory Services LLC lifted its holdings in shares of First Trust Nasdaq Semiconductor ETF by 12.7% in the first quarter. Kestra Advisory Services LLC now owns 52,462 shares of the company’s stock worth $7,737,000 after acquiring an additional 5,906 shares during the last quarter. Leelyn Smith LLC acquired a new stake in shares of First Trust Nasdaq Semiconductor ETF in the 1st quarter valued at approximately $372,000. Finally, Sound Income Strategies LLC boosted its stake in shares of First Trust Nasdaq Semiconductor ETF by 0.6% in the 1st quarter. Sound Income Strategies LLC now owns 9,922 shares of the company’s stock valued at $1,510,000 after purchasing an additional 61 shares in the last quarter.

First Trust Nasdaq Semiconductor ETF Price Performance

FTXL stock opened at $241.20 on Thursday. The company has a 50 day simple moving average of $257.37 and a 200 day simple moving average of $193.67. The stock has a market cap of $2.34 billion, a price-to-earnings ratio of 28.27 and a beta of 1.71. First Trust Nasdaq Semiconductor ETF has a 1 year low of $93.61 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 issued a $0.0356 dividend. This represents a $0.14 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend was Thursday, June 25th. This is a boost 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.

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Want to see what other hedge funds are holding FTXL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXLFree Report).

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

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