First Trust Indxx NextG ETF (NASDAQ:NXTG) Stock Short Interest Report for October

First Trust Indxx NextG ETF (NASDAQ:NXTG) was the target of a large decrease in short interest during the month of October. As of October 15th, there was short interest totaling 541 shares, a decrease of 43.1% from the September 30th total of 951 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 3,421 shares, the short-interest ratio is presently 0.2 days.

Institutional Trading of First Trust Indxx NextG ETF

Large investors have recently added to or reduced their stakes in the stock. Parallel Advisors LLC purchased a new stake in First Trust Indxx NextG ETF in the first quarter worth about $49,000. Highland Investment Advisors LLC purchased a new position in shares of First Trust Indxx NextG ETF during the 2nd quarter worth approximately $107,000. Integrated Wealth Concepts LLC purchased a new position in shares of First Trust Indxx NextG ETF during the 2nd quarter worth approximately $108,000. IFP Advisors Inc raised its position in shares of First Trust Indxx NextG ETF by 20.7% in the 3rd quarter. IFP Advisors Inc now owns 893 shares of the company’s stock worth $137,000 after acquiring an additional 153 shares in the last quarter. Finally, Fifth Third Bancorp bought a new position in shares of First Trust Indxx NextG ETF in the 1st quarter worth approximately $107,000.

First Trust Indxx NextG ETF Stock Performance

NASDAQ NXTG opened at $143.64 on Tuesday. First Trust Indxx NextG ETF has a fifty-two week low of $101.01 and a fifty-two week high of $167.58. The stock has a market cap of $524.29 million, a P/E ratio of 22.81 and a beta of 1.05. The stock has a 50 day simple moving average of $152.82 and a two-hundred day simple moving average of $138.96.

First Trust Indxx NextG ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Thursday, September 24th were paid a $0.6320 dividend. The ex-dividend date of this dividend was Thursday, September 24th. This is a positive change from First Trust Indxx NextG ETF’s previous quarterly dividend of $0.5768. This represents a $2.53 dividend on an annualized basis and a yield of 1.8%.

First Trust Indxx NextG ETF Company Profile

The First Trust IndXX NextG ETF (NXTG) is an exchange-traded fund that is based on the Indxx 5G & NextG Thematic index. The fund tracks a tiered-weighted index of global equities related to next generation digital cellular technologies. NXTG was launched on Feb 17, 2011 and is managed by First Trust.