J.W. Cole Advisors Inc. Buys New Stake in First Trust Nasdaq Bank ETF (NASDAQ:FTXO)

J.W. Cole Advisors Inc. bought a new stake in First Trust Nasdaq Bank ETF (NASDAQ:FTXOGet Rating) during the first quarter, HoldingsChannel reports. The institutional investor bought 9,220 shares of the company’s stock, valued at approximately $293,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of FTXO. Qube Research & Technologies Ltd lifted its stake in First Trust Nasdaq Bank ETF by 1,503.5% in the 4th quarter. Qube Research & Technologies Ltd now owns 1,379 shares of the company’s stock valued at $45,000 after buying an additional 1,293 shares in the last quarter. Private Advisor Group LLC purchased a new stake in First Trust Nasdaq Bank ETF in the 4th quarter valued at approximately $418,000. LPL Financial LLC raised its holdings in First Trust Nasdaq Bank ETF by 12.6% in the 4th quarter. LPL Financial LLC now owns 539,328 shares of the company’s stock valued at $17,711,000 after acquiring an additional 60,484 shares during the last quarter. Cetera Investment Advisers raised its holdings in First Trust Nasdaq Bank ETF by 9.7% in the 4th quarter. Cetera Investment Advisers now owns 39,065 shares of the company’s stock valued at $1,283,000 after acquiring an additional 3,453 shares during the last quarter. Finally, Icapital Wealth LLC acquired a new position in First Trust Nasdaq Bank ETF in the 4th quarter valued at $722,000.

First Trust Nasdaq Bank ETF Trading Down 1.0 %

Shares of FTXO opened at $28.53 on Wednesday. The stock has a fifty day moving average of $28.44 and a two-hundred day moving average of $29.04. First Trust Nasdaq Bank ETF has a fifty-two week low of $25.12 and a fifty-two week high of $37.20.

First Trust Nasdaq Bank ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 30th. Shareholders of record on Monday, June 27th were issued a $0.196 dividend. The ex-dividend date of this dividend was Friday, June 24th. This is an increase from First Trust Nasdaq Bank ETF’s previous quarterly dividend of $0.13. This represents a $0.78 annualized dividend and a yield of 2.75%.

See Also

Want to see what other hedge funds are holding FTXO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Nasdaq Bank ETF (NASDAQ:FTXOGet Rating).

Institutional Ownership by Quarter for First Trust Nasdaq Bank ETF (NASDAQ:FTXO)

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