GAMMA Investing LLC Invests $26,000 in First Trust Nasdaq Semiconductor ETF $FTXL

GAMMA Investing LLC bought a new position in First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 272 shares of the company’s stock, valued at approximately $26,000.

Several other institutional investors and hedge funds have also recently modified their holdings of FTXL. NBC Securities Inc. raised its holdings in shares of First Trust Nasdaq Semiconductor ETF by 33,800.0% during the 1st quarter. NBC Securities Inc. now owns 339 shares of the company’s stock valued at $25,000 after buying an additional 338 shares in the last quarter. Founders Financial Alliance LLC increased its stake in First Trust Nasdaq Semiconductor ETF by 10.0% in the 1st quarter. Founders Financial Alliance LLC now owns 1,406 shares of the company’s stock worth $106,000 after purchasing an additional 128 shares during the period. Legacy Wealth Managment LLC ID increased its stake 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 purchasing an additional 426 shares during the period. Twin Peaks Wealth Advisors LLC increased its stake in First Trust Nasdaq Semiconductor ETF by 9.6% in the 1st quarter. Twin Peaks Wealth Advisors LLC now owns 4,495 shares of the company’s stock worth $315,000 after purchasing an additional 395 shares during the period. Finally, Brio Consultants LLC purchased a new position in First Trust Nasdaq Semiconductor ETF in the 1st quarter worth approximately $424,000.

First Trust Nasdaq Semiconductor ETF Price Performance

Shares of First Trust Nasdaq Semiconductor ETF stock opened at $116.09 on Monday. The business’s 50 day simple moving average is $102.82 and its two-hundred day simple moving average is $90.51. The stock has a market capitalization of $330.86 million, a P/E ratio of 28.27 and a beta of 1.29. First Trust Nasdaq Semiconductor ETF has a one year low of $59.72 and a one year high of $117.30.

First Trust Nasdaq Semiconductor ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Thursday, September 25th were given a $0.0768 dividend. This represents a $0.31 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date was Thursday, September 25th.

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.