Cetera Investment Advisers Boosts Stake in First Trust Indxx NextG ETF (NASDAQ:NXTG)

Cetera Investment Advisers grew its position in shares of First Trust Indxx NextG ETF (NASDAQ:NXTG) by 1.5% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 28,118 shares of the company’s stock after acquiring an additional 419 shares during the period. Cetera Investment Advisers owned about 0.66% of First Trust Indxx NextG ETF worth $2,398,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Bank of America Corp DE grew its stake in shares of First Trust Indxx NextG ETF by 1.8% in the 4th quarter. Bank of America Corp DE now owns 64,299 shares of the company’s stock worth $5,484,000 after buying an additional 1,106 shares during the last quarter. Susquehanna International Group LLP grew its stake in shares of First Trust Indxx NextG ETF by 956.0% in the 4th quarter. Susquehanna International Group LLP now owns 43,907 shares of the company’s stock worth $3,745,000 after buying an additional 39,749 shares during the last quarter. First Trust Advisors LP grew its stake in shares of First Trust Indxx NextG ETF by 7.7% in the 4th quarter. First Trust Advisors LP now owns 13,613 shares of the company’s stock worth $1,161,000 after buying an additional 972 shares during the last quarter. NewEdge Advisors LLC grew its stake in shares of First Trust Indxx NextG ETF by 0.9% in the 4th quarter. NewEdge Advisors LLC now owns 21,309 shares of the company’s stock worth $1,817,000 after buying an additional 184 shares during the last quarter. Finally, Mariner LLC grew its stake in shares of First Trust Indxx NextG ETF by 1.2% in the 4th quarter. Mariner LLC now owns 37,839 shares of the company’s stock worth $3,227,000 after buying an additional 465 shares during the last quarter.

First Trust Indxx NextG ETF Stock Up 0.6%

First Trust Indxx NextG ETF stock opened at $91.55 on Monday. The company has a market capitalization of $366.20 million, a P/E ratio of 21.53 and a beta of 0.89. The stock’s 50 day moving average is $85.00 and its 200 day moving average is $86.02. First Trust Indxx NextG ETF has a twelve month low of $74.03 and a twelve month high of $91.55.

First Trust Indxx NextG ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were paid a $0.0804 dividend. The ex-dividend date was Thursday, March 27th. This represents a $0.32 annualized dividend and a dividend yield of 0.35%.

First Trust Indxx NextG ETF Profile

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.