LPL Financial LLC Has $856,000 Stake in First Trust Nasdaq Food & Beverage ETF (NASDAQ:FTXG)

LPL Financial LLC lowered its stake in shares of First Trust Nasdaq Food & Beverage ETF (NASDAQ:FTXG) by 43.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 37,139 shares of the company’s stock after selling 29,115 shares during the period. LPL Financial LLC owned approximately 3.71% of First Trust Nasdaq Food & Beverage ETF worth $856,000 as of its most recent filing with the Securities and Exchange Commission.

Separately, Jane Street Group LLC bought a new stake in shares of First Trust Nasdaq Food & Beverage ETF in the third quarter worth about $258,000.

First Trust Nasdaq Food & Beverage ETF Stock Performance

Shares of FTXG opened at $23.18 on Tuesday. The stock has a 50 day simple moving average of $23.11 and a 200 day simple moving average of $23.44. First Trust Nasdaq Food & Beverage ETF has a 52-week low of $21.70 and a 52-week high of $26.05. The firm has a market capitalization of $35.93 million, a PE ratio of 20.61 and a beta of 0.60.

First Trust Nasdaq Food & Beverage ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were given a dividend of $0.0963 per share. This represents a $0.39 annualized dividend and a dividend yield of 1.66%. The ex-dividend date was Thursday, March 27th.

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.