First Trust Nasdaq Semiconductor ETF $FTXL Holdings Reduced by Geneos Wealth Management Inc.

Geneos Wealth Management Inc. lowered its position in First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) by 37.3% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,505 shares of the company’s stock after selling 895 shares during the quarter. Geneos Wealth Management Inc. owned about 0.05% of First Trust Nasdaq Semiconductor ETF worth $114,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. Legacy Wealth Managment LLC ID grew its holdings in First Trust Nasdaq Semiconductor ETF by 13.2% in the 1st quarter. Legacy Wealth Managment LLC ID now owns 3,650 shares of the company’s stock worth $276,000 after buying an additional 426 shares in the last quarter. OLD Mission Capital LLC acquired a new position in shares of First Trust Nasdaq Semiconductor ETF during the first quarter valued at $497,000. Kestra Advisory Services LLC increased its holdings in shares of First Trust Nasdaq Semiconductor ETF by 4.3% during the first quarter. Kestra Advisory Services LLC now owns 40,179 shares of the company’s stock valued at $3,036,000 after purchasing an additional 1,660 shares during the period. CacheTech Inc. increased its holdings in shares of First Trust Nasdaq Semiconductor ETF by 37.2% during the first quarter. CacheTech Inc. now owns 35,062 shares of the company’s stock valued at $2,649,000 after purchasing an additional 9,502 shares during the period. Finally, Founders Financial Alliance LLC increased its holdings in shares of First Trust Nasdaq Semiconductor ETF by 10.0% during the first quarter. Founders Financial Alliance LLC now owns 1,406 shares of the company’s stock valued at $106,000 after purchasing an additional 128 shares during the period.

First Trust Nasdaq Semiconductor ETF Trading Down 0.2%

First Trust Nasdaq Semiconductor ETF stock opened at $106.11 on Thursday. The stock has a market cap of $318.33 million, a price-to-earnings ratio of 28.27 and a beta of 1.29. The company’s 50-day moving average price is $99.60 and its two-hundred day moving average price is $87.74. First Trust Nasdaq Semiconductor ETF has a 52 week low of $59.72 and a 52 week high of $106.61.

First Trust Nasdaq Semiconductor ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Thursday, June 26th were paid a dividend of $0.1365 per share. This is a boost from First Trust Nasdaq Semiconductor ETF’s previous quarterly dividend of $0.03. This represents a $0.55 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date was Thursday, June 26th.

About First Trust Nasdaq Semiconductor ETF

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.