First Trust Nasdaq Semiconductor ETF $FTXL Stock Position Increased by Nilsine Partners LLC

Nilsine Partners LLC increased its holdings in First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) by 4,499.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 175,114 shares of the company’s stock after buying an additional 171,307 shares during the period. First Trust Nasdaq Semiconductor ETF accounts for 2.0% of Nilsine Partners LLC’s investment portfolio, making the stock its 7th biggest position. Nilsine Partners LLC owned approximately 1.70% of First Trust Nasdaq Semiconductor ETF worth $22,683,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Ameriflex Group Inc. purchased a new stake in shares of First Trust Nasdaq Semiconductor ETF during the third quarter worth $31,000. AE Wealth Management LLC grew its position in shares of First Trust Nasdaq Semiconductor ETF by 267.3% in the third quarter. AE Wealth Management LLC now owns 764 shares of the company’s stock valued at $85,000 after purchasing an additional 556 shares in the last quarter. Apeiron RIA LLC bought a new stake in shares of First Trust Nasdaq Semiconductor ETF during the 3rd quarter valued at $201,000. Smith Moore & CO. bought a new stake in shares of First Trust Nasdaq Semiconductor ETF during the 3rd quarter valued at $206,000. Finally, Wealth Enhancement Advisory Services LLC purchased a new stake in First Trust Nasdaq Semiconductor ETF during the 4th quarter worth about $272,000.

First Trust Nasdaq Semiconductor ETF Stock Up 5.9%

Shares of NASDAQ FTXL opened at $147.47 on Wednesday. First Trust Nasdaq Semiconductor ETF has a 52 week low of $59.72 and a 52 week high of $163.32. The business has a 50-day simple moving average of $152.79 and a two-hundred day simple moving average of $134.68. The company has a market cap of $1.53 billion, a P/E ratio of 28.27 and a beta of 1.41.

First Trust Nasdaq Semiconductor ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Thursday, March 26th were given a $0.0131 dividend. This represents a $0.05 dividend on an annualized basis and a dividend yield of 0.0%. The ex-dividend date was Thursday, March 26th.

About First Trust Nasdaq Semiconductor ETF

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.