Jane Street Group LLC Trims Stake in First Trust Indxx NextG ETF (NASDAQ:NXTG)

Jane Street Group LLC lessened its stake in First Trust Indxx NextG ETF (NASDAQ:NXTG) by 2.3% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 8,511 shares of the company’s stock after selling 196 shares during the period. Jane Street Group LLC owned 0.20% of First Trust Indxx NextG ETF worth $726,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Susquehanna International Group LLP increased its position in 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 valued at $3,745,000 after acquiring an additional 39,749 shares during the period. First Trust Advisors LP increased its position in 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 valued at $1,161,000 after acquiring an additional 972 shares during the period. NewEdge Advisors LLC increased its position in 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 valued at $1,817,000 after acquiring an additional 184 shares during the period. Mariner LLC increased its position in First Trust Indxx NextG ETF by 1.2% in the 4th quarter. Mariner LLC now owns 37,839 shares of the company’s stock valued at $3,227,000 after acquiring an additional 465 shares during the period. Finally, Raymond James Financial Inc. acquired a new position in First Trust Indxx NextG ETF in the 4th quarter valued at about $7,067,000.

First Trust Indxx NextG ETF Stock Down 0.4%

Shares of NXTG stock opened at $90.84 on Monday. The stock has a market capitalization of $363.34 million, a PE ratio of 21.53 and a beta of 0.89. First Trust Indxx NextG ETF has a 52-week low of $74.03 and a 52-week high of $92.55. The stock’s 50-day moving average price is $85.45 and its 200 day moving average price is $86.23.

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 given a $0.0804 dividend. This represents a $0.32 annualized dividend and a yield of 0.35%. The ex-dividend date was Thursday, March 27th.

First Trust Indxx NextG ETF Company 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.