Davis Investment Partners LLC Makes New Investment in First Trust Nasdaq Semiconductor ETF $FTXL

Davis Investment Partners LLC acquired a new stake in shares of First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) in the fourth quarter, Holdings Channel.com reports. The firm acquired 9,721 shares of the company’s stock, valued at approximately $1,322,000.

Several other hedge funds have also made changes to their positions in the stock. Ballew Advisors Inc grew its position in First Trust Nasdaq Semiconductor ETF by 3.1% during the third quarter. Ballew Advisors Inc now owns 3,316 shares of the company’s stock worth $379,000 after buying an additional 100 shares in the last quarter. Outlook Wealth Advisors LLC increased its stake in First Trust Nasdaq Semiconductor ETF by 0.7% during the third quarter. Outlook Wealth Advisors LLC now owns 21,036 shares of the company’s stock valued at $2,353,000 after acquiring an additional 153 shares during the period. Ameriflex Group Inc. acquired a new position in First Trust Nasdaq Semiconductor ETF in the 3rd quarter valued at approximately $31,000. Oppenheimer & Co. Inc. raised its holdings 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 valued at $1,257,000 after acquiring an additional 292 shares in the last quarter. Finally, AE Wealth Management LLC lifted its position in shares of First Trust Nasdaq Semiconductor ETF by 267.3% in the 3rd quarter. AE Wealth Management LLC now owns 764 shares of the company’s stock worth $85,000 after acquiring an additional 556 shares during the period.

First Trust Nasdaq Semiconductor ETF Trading Up 0.6%

Shares of FTXL stock opened at $153.56 on Friday. First Trust Nasdaq Semiconductor ETF has a 12 month low of $59.72 and a 12 month high of $163.32. The company has a market capitalization of $1.59 billion, a P/E ratio of 28.27 and a beta of 1.41. The stock has a 50 day moving average of $152.47 and a two-hundred day moving average of $131.56.

First Trust Nasdaq Semiconductor ETF 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.