The Manufacturers Life Insurance Company Purchases New Shares in First Trust Nasdaq Semiconductor ETF $FTXL

The Manufacturers Life Insurance Company purchased a new position in shares of First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 4,310 shares of the company’s stock, valued at approximately $636,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of FTXL. Parallel Advisors LLC acquired a new position in First Trust Nasdaq Semiconductor ETF in the first quarter valued at $181,000. D.A. Davidson & CO. raised its holdings in shares of First Trust Nasdaq Semiconductor ETF by 3.0% in the first quarter. D.A. Davidson & CO. now owns 15,539 shares of the company’s stock valued at $2,292,000 after buying an additional 458 shares during the last quarter. Members Advisory Group LLC purchased a new stake in shares of First Trust Nasdaq Semiconductor ETF in the first quarter valued at about $1,117,000. Sigma Planning Corp acquired a new stake in shares of First Trust Nasdaq Semiconductor ETF during the first quarter worth about $635,000. Finally, Equitable Trust Co. boosted its stake in shares of First Trust Nasdaq Semiconductor ETF by 195.4% during the first quarter. Equitable Trust Co. now owns 5,707 shares of the company’s stock worth $842,000 after buying an additional 3,775 shares during the period.

First Trust Nasdaq Semiconductor ETF Stock Up 0.0%

NASDAQ FTXL opened at $239.81 on Friday. First Trust Nasdaq Semiconductor ETF has a 52-week low of $95.16 and a 52-week high of $297.36. The business’s 50-day moving average price is $248.66 and its 200 day moving average price is $206.69. The firm has a market cap of $1.47 billion, a P/E ratio of 28.27 and a beta of 1.74.

First Trust Nasdaq Semiconductor ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were given a dividend of $0.0356 per share. This represents a $0.14 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend was Thursday, June 25th. This is a positive change 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.