World Investment Advisors Purchases New Position in First Trust Nasdaq Semiconductor ETF $FTXL

World Investment Advisors purchased a new stake in First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) in the fourth quarter, HoldingsChannel reports. The fund purchased 38,786 shares of the company’s stock, valued at approximately $5,023,000.

A number of other institutional investors have also recently made changes to their positions in the business. NBC Securities Inc. lifted its holdings in shares of First Trust Nasdaq Semiconductor ETF by 27.9% in the 4th quarter. NBC Securities Inc. now owns 394 shares of the company’s stock valued at $51,000 after acquiring an additional 86 shares during the last quarter. Outlook Wealth Advisors LLC raised its position in First Trust Nasdaq Semiconductor ETF by 0.7% in the 3rd quarter. Outlook Wealth Advisors LLC now owns 21,036 shares of the company’s stock worth $2,353,000 after purchasing an additional 153 shares during the period. Private Trust Co. NA raised its position in First Trust Nasdaq Semiconductor ETF by 10.8% in the 4th quarter. Private Trust Co. NA now owns 2,228 shares of the company’s stock worth $289,000 after purchasing an additional 218 shares during the period. Ameriflex Group Inc. purchased a new stake in First Trust Nasdaq Semiconductor ETF in the 3rd quarter worth about $31,000. Finally, Oppenheimer & Co. Inc. raised its position in First Trust Nasdaq Semiconductor ETF by 2.7% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 11,238 shares of the company’s stock worth $1,257,000 after purchasing an additional 292 shares during the period.

First Trust Nasdaq Semiconductor ETF Price Performance

First Trust Nasdaq Semiconductor ETF stock opened at $243.84 on Friday. First Trust Nasdaq Semiconductor ETF has a 1-year low of $80.37 and a 1-year high of $249.58. The firm has a market capitalization of $2.51 billion, a P/E ratio of 28.27 and a beta of 1.69. The company’s 50-day moving average is $178.04 and its 200 day moving average is $152.16.

First Trust Nasdaq Semiconductor ETF Cuts Dividend

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