First Trust Nasdaq Bank ETF (NASDAQ:FTXO – Get Free Report) announced a quarterly dividend on Wednesday, September 23rd. Shareholders of record on Thursday, September 24th will be given a dividend of 0.21 per share on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend is Thursday, September 24th.
First Trust Nasdaq Bank ETF Trading Down 0.3%
Shares of FTXO traded down $0.10 during trading hours on Thursday, reaching $39.34. 11,988 shares of the stock traded hands, compared to its average volume of 478,621. The company has a market cap of $281.28 million, a P/E ratio of 11.56 and a beta of 0.88. The company’s 50-day moving average price is $42.20 and its two-hundred day moving average price is $39.86. First Trust Nasdaq Bank ETF has a 52-week low of $32.90 and a 52-week high of $44.12.
Institutional Investors Weigh In On First Trust Nasdaq Bank ETF
Several institutional investors and hedge funds have recently modified their holdings of FTXO. Fifth Third Bancorp purchased a new stake in shares of First Trust Nasdaq Bank ETF in the first quarter worth about $30,000. Tucker Asset Management LLC grew its holdings in First Trust Nasdaq Bank ETF by 18.8% during the 2nd quarter. Tucker Asset Management LLC now owns 1,545 shares of the company’s stock valued at $64,000 after buying an additional 245 shares in the last quarter. Sound Income Strategies LLC increased its stake in First Trust Nasdaq Bank ETF by 1,811.2% in the 1st quarter. Sound Income Strategies LLC now owns 2,045 shares of the company’s stock worth $75,000 after acquiring an additional 1,938 shares during the last quarter. Parallel Advisors LLC increased its stake in First Trust Nasdaq Bank ETF by 498.1% in the 1st quarter. Parallel Advisors LLC now owns 2,500 shares of the company’s stock worth $90,000 after acquiring an additional 2,082 shares during the last quarter. Finally, Geneos Wealth Management Inc. raised its holdings in shares of First Trust Nasdaq Bank ETF by 134.6% during the 1st quarter. Geneos Wealth Management Inc. now owns 2,843 shares of the company’s stock worth $103,000 after acquiring an additional 1,631 shares in the last quarter.
About First Trust Nasdaq Bank ETF
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.
Featured Articles
- Five stocks we like better than First Trust Nasdaq Bank ETF
- Power Play: Vistra Powers New Era’s AI Data Center Deal
- Treasury Yields Hit a 19-Year High—These 2 Bond ETFs Offer Monthly Income
- 3 Energy ETFs Built for Oil’s New $100-Plus Reality
- Can Marvell Keep Up in the Custom AI Chip Race?
Receive News & Ratings for First Trust Nasdaq Bank ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Nasdaq Bank ETF and related companies with MarketBeat.com's FREE daily email newsletter.
