42,301 Shares in First Trust Nasdaq Transportation ETF $FTXR Purchased by Maridea Wealth Management LLC

Maridea Wealth Management LLC purchased a new stake in First Trust Nasdaq Transportation ETF (NASDAQ:FTXR) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 42,301 shares of the company’s stock, valued at approximately $1,639,000. Maridea Wealth Management LLC owned 4.98% of First Trust Nasdaq Transportation ETF as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in FTXR. Geneos Wealth Management Inc. grew its stake in shares of First Trust Nasdaq Transportation ETF by 200.0% in the 2nd quarter. Geneos Wealth Management Inc. now owns 1,800 shares of the company’s stock valued at $57,000 after purchasing an additional 1,200 shares during the last quarter. Two Sigma Investments LP purchased a new stake in shares of First Trust Nasdaq Transportation ETF during the third quarter worth approximately $256,000. Osaic Holdings Inc. raised its stake in shares of First Trust Nasdaq Transportation ETF by 880.3% during the second quarter. Osaic Holdings Inc. now owns 7,960 shares of the company’s stock worth $252,000 after purchasing an additional 7,148 shares during the last quarter. Royal Bank of Canada acquired a new stake in shares of First Trust Nasdaq Transportation ETF during the first quarter worth $290,000. Finally, Citadel Advisors LLC acquired a new stake in shares of First Trust Nasdaq Transportation ETF during the third quarter worth $539,000.

First Trust Nasdaq Transportation ETF Price Performance

NASDAQ:FTXR opened at $36.91 on Friday. The firm has a market cap of $33.22 million, a price-to-earnings ratio of 11.80 and a beta of 1.31. The firm’s fifty day moving average price is $40.68 and its 200 day moving average price is $37.95. First Trust Nasdaq Transportation ETF has a 1-year low of $25.47 and a 1-year high of $44.85.

First Trust Nasdaq Transportation ETF Company Profile

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.