Raymond James & Associates Sells 35,015 Shares of First Trust Nasdaq Food & Beverage ETF (NASDAQ:FTXG)

Raymond James & Associates cut its position in shares of First Trust Nasdaq Food & Beverage ETF (NASDAQ:FTXG) by 70.1% during the 4th quarter, Holdings Channel.com reports. The firm owned 14,907 shares of the company’s stock after selling 35,015 shares during the period. Raymond James & Associates’ holdings in First Trust Nasdaq Food & Beverage ETF were worth $362,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Gateway Advisory LLC boosted its stake in shares of First Trust Nasdaq Food & Beverage ETF by 5.4% in the 3rd quarter. Gateway Advisory LLC now owns 77,997 shares of the company’s stock valued at $1,847,000 after purchasing an additional 3,997 shares in the last quarter. Regal Investment Advisors LLC lifted its stake in First Trust Nasdaq Food & Beverage ETF by 74.6% in the third quarter. Regal Investment Advisors LLC now owns 25,960 shares of the company’s stock worth $615,000 after purchasing an additional 11,088 shares during the last quarter. Transatlantique Private Wealth LLC boosted its position in First Trust Nasdaq Food & Beverage ETF by 4.0% during the third quarter. Transatlantique Private Wealth LLC now owns 50,761 shares of the company’s stock valued at $1,202,000 after buying an additional 1,939 shares during the period. Nilsine Partners LLC grew its stake in shares of First Trust Nasdaq Food & Beverage ETF by 114.0% during the third quarter. Nilsine Partners LLC now owns 348,302 shares of the company’s stock valued at $8,248,000 after buying an additional 185,580 shares during the last quarter. Finally, Csenge Advisory Group increased its holdings in shares of First Trust Nasdaq Food & Beverage ETF by 5.8% in the third quarter. Csenge Advisory Group now owns 228,107 shares of the company’s stock worth $5,402,000 after buying an additional 12,459 shares during the period.

First Trust Nasdaq Food & Beverage ETF Trading Down 0.4 %

NASDAQ FTXG opened at $24.50 on Monday. The stock has a 50-day moving average of $24.20 and a 200-day moving average of $23.78. First Trust Nasdaq Food & Beverage ETF has a 1-year low of $21.55 and a 1-year high of $27.98. The firm has a market cap of $53.90 million, a PE ratio of 18.61 and a beta of 0.60.

First Trust Nasdaq Food & Beverage ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 22nd were given a $0.0911 dividend. The ex-dividend date of this dividend was Thursday, March 21st.

First Trust Nasdaq Food & Beverage ETF Company Profile

The First Trust Nasdaq Food & Beverage ETF (FTXG) is an exchange-traded fund that is based on the Nasdaq US Smart Food & Beverage index. The fund follows a liquidity-selected, multi-factor-weighted index of US food & beverage companies. FTXG was launched on Sep 20, 2016 and is managed by First Trust.