Janney Montgomery Scott LLC Has $7.15 Million Stock Holdings in First Trust Indxx NextG ETF (NASDAQ:NXTG)

Janney Montgomery Scott LLC raised its holdings in shares of First Trust Indxx NextG ETF (NASDAQ:NXTGFree Report) by 1.2% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 90,151 shares of the company’s stock after purchasing an additional 1,090 shares during the quarter. Janney Montgomery Scott LLC owned approximately 1.86% of First Trust Indxx NextG ETF worth $7,145,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the business. Bfsg LLC acquired a new stake in shares of First Trust Indxx NextG ETF during the fourth quarter worth $35,000. ICA Group Wealth Management LLC acquired a new stake in shares of First Trust Indxx NextG ETF during the fourth quarter worth $131,000. Kingswood Wealth Advisors LLC acquired a new stake in shares of First Trust Indxx NextG ETF during the first quarter worth $201,000. Apollon Wealth Management LLC acquired a new stake in shares of First Trust Indxx NextG ETF during the fourth quarter worth $211,000. Finally, Atria Wealth Solutions Inc. acquired a new stake in shares of First Trust Indxx NextG ETF during the fourth quarter worth $217,000.

First Trust Indxx NextG ETF Stock Performance

NXTG opened at $83.91 on Wednesday. First Trust Indxx NextG ETF has a fifty-two week low of $64.46 and a fifty-two week high of $84.17. The company has a market capitalization of $390.18 million, a P/E ratio of 18.31 and a beta of 0.89. The stock has a fifty day moving average of $80.21 and a 200-day moving average of $78.10.

First Trust Indxx NextG ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Thursday, June 27th were given a $0.4134 dividend. This represents a $1.65 dividend on an annualized basis and a dividend yield of 1.97%. The ex-dividend date was Thursday, June 27th.

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.

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

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