Jane Street Group LLC Sells 899 Shares of First Trust Nasdaq Bank ETF (NASDAQ:FTXO)

Jane Street Group LLC lowered its position in First Trust Nasdaq Bank ETF (NASDAQ:FTXO) by 9.6% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 8,435 shares of the company’s stock after selling 899 shares during the period. Jane Street Group LLC owned about 0.12% of First Trust Nasdaq Bank ETF worth $268,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Coppell Advisory Solutions LLC boosted its holdings in shares of First Trust Nasdaq Bank ETF by 1,720.7% during the 4th quarter. Coppell Advisory Solutions LLC now owns 70,897 shares of the company’s stock valued at $2,268,000 after purchasing an additional 67,003 shares during the last quarter. Stifel Financial Corp purchased a new stake in First Trust Nasdaq Bank ETF in the 4th quarter worth about $959,000. Concourse Financial Group Securities Inc. purchased a new stake in First Trust Nasdaq Bank ETF in the 4th quarter worth about $156,000. Raymond James Financial Inc. purchased a new stake in First Trust Nasdaq Bank ETF in the 4th quarter worth about $4,311,000. Finally, Envestnet Asset Management Inc. purchased a new stake in First Trust Nasdaq Bank ETF in the 4th quarter worth about $10,656,000.

First Trust Nasdaq Bank ETF Stock Performance

Shares of NASDAQ:FTXO opened at $31.40 on Wednesday. The firm has a market cap of $233.93 million, a PE ratio of 11.93 and a beta of 1.11. The firm’s 50 day simple moving average is $29.34 and its 200-day simple moving average is $31.62. First Trust Nasdaq Bank ETF has a one year low of $25.05 and a one year high of $35.58.

First Trust Nasdaq Bank ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were paid a $0.1207 dividend. The ex-dividend date was Thursday, March 27th. This represents a $0.48 annualized dividend and a yield of 1.54%.

About First Trust Nasdaq Bank ETF

The First Trust Nasdaq Bank ETF (FTXO) is an exchange-traded fund that is based on the NASDAQ US Banks index. The fund tracks an index composed of the most liquid US banking companies. Holdings are selected by their liquidity, and weighted based on volatility, value, and growth factors. FTXO was launched on Sep 20, 2016 and is managed by First Trust.