Leelyn Smith LLC Buys Shares of 2,523 First Trust Nasdaq Semiconductor ETF $FTXL

Leelyn Smith LLC bought a new stake in shares of First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 2,523 shares of the company’s stock, valued at approximately $372,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Sound Income Strategies LLC boosted its position in First Trust Nasdaq Semiconductor ETF by 0.6% during 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 during the period. NBC Securities Inc. grew its stake in First Trust Nasdaq Semiconductor ETF by 27.9% during the 4th quarter. NBC Securities Inc. now owns 394 shares of the company’s stock worth $51,000 after buying an additional 86 shares during the last quarter. Twin Peaks Wealth Advisors LLC increased its position in First Trust Nasdaq Semiconductor ETF by 2.5% in the fourth quarter. Twin Peaks Wealth Advisors LLC now owns 4,608 shares of the company’s stock worth $597,000 after buying an additional 113 shares during the period. Davis Investment Partners LLC increased its position in First Trust Nasdaq Semiconductor ETF by 1.8% in the first quarter. Davis Investment Partners LLC now owns 9,893 shares of the company’s stock worth $1,459,000 after buying an additional 172 shares during the period. Finally, Hilton Head Capital Partners LLC bought a new stake in First Trust Nasdaq Semiconductor ETF in the fourth quarter valued at $26,000.

First Trust Nasdaq Semiconductor ETF Stock Performance

Shares of FTXL opened at $250.32 on Friday. First Trust Nasdaq Semiconductor ETF has a 1 year low of $93.61 and a 1 year high of $297.36. The company has a market cap of $2.52 billion, a price-to-earnings ratio of 28.27 and a beta of 1.71. The firm has a fifty day moving average of $251.65 and a 200-day moving average of $186.52.

First Trust Nasdaq Semiconductor ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were given a $0.0356 dividend. The ex-dividend date was Thursday, June 25th. This represents a $0.14 annualized dividend and a yield of 0.1%. This is a boost from First Trust Nasdaq Semiconductor ETF’s previous quarterly dividend of $0.01.

First Trust Nasdaq Semiconductor ETF Company Profile

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.