Farther Finance Advisors LLC Sells 3,170 Shares of First Trust Nasdaq Semiconductor ETF $FTXL

Farther Finance Advisors LLC lowered its holdings in First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) by 45.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,849 shares of the company’s stock after selling 3,170 shares during the period. Farther Finance Advisors LLC owned approximately 0.13% of First Trust Nasdaq Semiconductor ETF worth $369,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Bank of America Corp DE purchased a new position in First Trust Nasdaq Semiconductor ETF in the 4th quarter valued at approximately $1,087,000. NBC Securities Inc. boosted its holdings in shares of 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 worth $25,000 after acquiring an additional 338 shares during the period. Outlook Wealth Advisors LLC grew its position in shares of First Trust Nasdaq Semiconductor ETF by 37.1% in the first quarter. Outlook Wealth Advisors LLC now owns 20,583 shares of the company’s stock valued at $1,555,000 after purchasing an additional 5,567 shares in the last quarter. Twin Peaks Wealth Advisors LLC grew its position in shares of First Trust Nasdaq Semiconductor ETF by 9.6% in the first quarter. Twin Peaks Wealth Advisors LLC now owns 4,495 shares of the company’s stock valued at $315,000 after purchasing an additional 395 shares in the last quarter. Finally, Brio Consultants LLC bought a new stake in shares of First Trust Nasdaq Semiconductor ETF during the 1st quarter valued at $424,000.

First Trust Nasdaq Semiconductor ETF Stock Up 0.6%

Shares of NASDAQ FTXL opened at $111.37 on Monday. The company has a market cap of $334.11 million, a P/E ratio of 28.27 and a beta of 1.29. First Trust Nasdaq Semiconductor ETF has a 52 week low of $59.72 and a 52 week high of $112.26. The business has a 50-day simple moving average of $101.21 and a two-hundred day simple moving average of $89.38.

First Trust Nasdaq Semiconductor ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Thursday, September 25th will be paid a dividend of $0.0768 per share. The ex-dividend date of this dividend is Thursday, September 25th. This represents a $0.31 annualized dividend and a yield of 0.3%.

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.