First Trust Nasdaq Semiconductor ETF $FTXL Shares Sold by First Trust Advisors LP

First Trust Advisors LP trimmed its position in First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) by 22.7% in the 1st quarter, Holdings Channel.com reports. The fund owned 4,392,245 shares of the company’s stock after selling 1,288,721 shares during the quarter. First Trust Advisors LP owned approximately 0.43% of First Trust Nasdaq Semiconductor ETF worth $647,724,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of FTXL. Byrne Financial Freedom LLC purchased a new position in First Trust Nasdaq Semiconductor ETF during the 4th quarter worth $427,000. Global View Capital Management LLC purchased a new stake in First Trust Nasdaq Semiconductor ETF in the fourth quarter valued at about $785,000. D.A. Davidson & CO. purchased a new stake in First Trust Nasdaq Semiconductor ETF in the fourth quarter valued at about $1,954,000. World Investment Advisors acquired a new stake in First Trust Nasdaq Semiconductor ETF in the fourth quarter worth about $5,023,000. Finally, Trust Co. of Oklahoma acquired a new stake in First Trust Nasdaq Semiconductor ETF in the fourth quarter worth about $1,399,000.

First Trust Nasdaq Semiconductor ETF Stock Performance

Shares of FTXL stock opened at $242.04 on Wednesday. First Trust Nasdaq Semiconductor ETF has a fifty-two week low of $93.61 and a fifty-two week high of $297.36. The firm has a market capitalization of $2.35 billion, a price-to-earnings ratio of 28.27 and a beta of 1.71. The stock’s 50-day simple moving average is $256.74 and its 200-day simple moving average is $196.51.

First Trust Nasdaq Semiconductor ETF Increases Dividend

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

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.