Farther Finance Advisors LLC Cuts Stock Holdings in First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL)

Farther Finance Advisors LLC decreased its holdings in shares of First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) by 39.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,019 shares of the company’s stock after selling 4,527 shares during the quarter. Farther Finance Advisors LLC owned 0.23% of First Trust Nasdaq Semiconductor ETF worth $533,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. NBC Securities Inc. lifted its position in First Trust Nasdaq Semiconductor ETF by 33,800.0% in the first quarter. NBC Securities Inc. now owns 339 shares of the company’s stock valued at $25,000 after purchasing an additional 338 shares during the last quarter. SBI Securities Co. Ltd. purchased a new stake in First Trust Nasdaq Semiconductor ETF in the fourth quarter worth $39,000. Global Retirement Partners LLC grew its stake in shares of First Trust Nasdaq Semiconductor ETF by 144.8% in the fourth quarter. Global Retirement Partners LLC now owns 617 shares of the company’s stock worth $54,000 after acquiring an additional 365 shares during the last quarter. Aptus Capital Advisors LLC grew its stake in shares of First Trust Nasdaq Semiconductor ETF by 1,561.9% in the fourth quarter. Aptus Capital Advisors LLC now owns 2,443 shares of the company’s stock worth $213,000 after acquiring an additional 2,296 shares during the last quarter. Finally, Legacy Investment Solutions LLC grew its stake in shares of First Trust Nasdaq Semiconductor ETF by 133.8% in the fourth quarter. Legacy Investment Solutions LLC now owns 3,224 shares of the company’s stock worth $281,000 after acquiring an additional 1,845 shares during the last quarter.

First Trust Nasdaq Semiconductor ETF Price Performance

First Trust Nasdaq Semiconductor ETF stock opened at $89.03 on Monday. First Trust Nasdaq Semiconductor ETF has a one year low of $59.72 and a one year high of $107.74. The stock has a market capitalization of $262.64 million, a PE ratio of 24.31 and a beta of 1.29. The business’s fifty day moving average is $78.81 and its 200 day moving average is $83.39.

First Trust Nasdaq Semiconductor 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 issued a $0.0342 dividend. This represents a $0.14 dividend on an annualized basis and a yield of 0.15%. The ex-dividend date was Thursday, March 27th.

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.