First Trust Indxx NextG ETF (NASDAQ:NXTG) Shares Sold by Steward Partners Investment Advisory LLC

Steward Partners Investment Advisory LLC cut its stake in First Trust Indxx NextG ETF (NASDAQ:NXTGFree Report) by 3.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 7,990 shares of the company’s stock after selling 323 shares during the quarter. Steward Partners Investment Advisory LLC owned approximately 0.16% of First Trust Indxx NextG ETF worth $613,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of NXTG. Concentrum Wealth Management raised its stake in shares of First Trust Indxx NextG ETF by 1.9% during the 4th quarter. Concentrum Wealth Management now owns 24,464 shares of the company’s stock worth $1,877,000 after buying an additional 453 shares during the period. Bfsg LLC acquired a new position in shares of First Trust Indxx NextG ETF during the 4th quarter worth approximately $35,000. J.W. Cole Advisors Inc. raised its stake in shares of First Trust Indxx NextG ETF by 6.2% during the 4th quarter. J.W. Cole Advisors Inc. now owns 8,131 shares of the company’s stock worth $624,000 after buying an additional 474 shares during the period. B. Riley Wealth Advisors Inc. raised its stake in shares of First Trust Indxx NextG ETF by 6.8% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 8,096 shares of the company’s stock worth $549,000 after buying an additional 519 shares during the period. Finally, Apollon Wealth Management LLC acquired a new position in shares of First Trust Indxx NextG ETF during the 4th quarter worth approximately $211,000.

First Trust Indxx NextG ETF Price Performance

Shares of NXTG stock opened at $80.73 on Thursday. The company has a market cap of $391.54 million, a price-to-earnings ratio of 18.31 and a beta of 0.89. The stock has a 50 day simple moving average of $77.65 and a 200-day simple moving average of $76.70. First Trust Indxx NextG ETF has a 1-year low of $64.46 and a 1-year high of $81.22.

First Trust Indxx NextG ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 22nd were paid a dividend of $0.044 per share. This represents a $0.18 annualized dividend and a dividend yield of 0.22%. The ex-dividend date of this dividend was Thursday, March 21st.

About First Trust Indxx NextG ETF

(Free Report)

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.

See Also

Institutional Ownership by Quarter for First Trust Indxx NextG ETF (NASDAQ:NXTG)

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