D. E. Shaw & Co. Inc. Purchases Shares of 22,242 First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL)

D. E. Shaw & Co. Inc. bought a new position in shares of First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 22,242 shares of the company’s stock, valued at approximately $1,941,000. D. E. Shaw & Co. Inc. owned 0.61% of First Trust Nasdaq Semiconductor ETF at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the business. Raymond James Financial Inc. bought a new position in shares of First Trust Nasdaq Semiconductor ETF during the fourth quarter worth approximately $20,984,000. NewSquare Capital LLC increased its holdings in shares of First Trust Nasdaq Semiconductor ETF by 1.0% during the fourth quarter. NewSquare Capital LLC now owns 230,802 shares of the company’s stock worth $20,142,000 after purchasing an additional 2,193 shares during the period. Nilsine Partners LLC increased its holdings in shares of First Trust Nasdaq Semiconductor ETF by 4.8% during the fourth quarter. Nilsine Partners LLC now owns 178,580 shares of the company’s stock worth $15,585,000 after purchasing an additional 8,203 shares during the period. Truist Financial Corp increased its holdings in shares of First Trust Nasdaq Semiconductor ETF by 1.4% during the fourth quarter. Truist Financial Corp now owns 109,903 shares of the company’s stock worth $9,591,000 after purchasing an additional 1,484 shares during the period. Finally, Kiker Wealth Management LLC bought a new position in shares of First Trust Nasdaq Semiconductor ETF during the fourth quarter worth approximately $5,092,000.

First Trust Nasdaq Semiconductor ETF Trading Down 1.6%

Shares of FTXL opened at $83.61 on Thursday. First Trust Nasdaq Semiconductor ETF has a 12 month low of $59.72 and a 12 month high of $107.74. The firm’s 50 day moving average is $75.42 and its 200-day moving average is $83.87. The stock has a market capitalization of $242.47 million, a PE ratio of 24.31 and a beta of 1.31.

First Trust Nasdaq Semiconductor ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were issued a dividend of $0.0342 per share. The ex-dividend date of this dividend was Thursday, March 27th. This represents a $0.14 annualized dividend and a dividend yield of 0.16%.

First Trust Nasdaq Semiconductor ETF Company Profile

The First Trust Nasdaq Semiconductor ETF (FTXL) is an exchange-traded fund that is based on the Nasdaq US Smart Semiconductor index. The fund tracks an index of the most liquid US semiconductor companies, weighted according to factors related to value, volatility and growth. FTXL was launched on Sep 20, 2016 and is managed by First Trust.