First Trust Indxx NextG ETF $NXTG Shares Sold by Truist Financial Corp

Truist Financial Corp lowered its position in shares of First Trust Indxx NextG ETF (NASDAQ:NXTG) by 27.3% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,202 shares of the company’s stock after selling 1,576 shares during the quarter. Truist Financial Corp owned approximately 0.11% of First Trust Indxx NextG ETF worth $409,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the business. Cetera Investment Advisers lifted its holdings in First Trust Indxx NextG ETF by 0.5% in the first quarter. Cetera Investment Advisers now owns 28,247 shares of the company’s stock valued at $2,397,000 after acquiring an additional 129 shares during the last quarter. Kingswood Wealth Advisors LLC raised its position in First Trust Indxx NextG ETF by 6.7% in the first quarter. Kingswood Wealth Advisors LLC now owns 2,791 shares of the company’s stock valued at $237,000 after purchasing an additional 175 shares during the period. PNC Financial Services Group Inc. increased its position in shares of First Trust Indxx NextG ETF by 61.4% during the 1st quarter. PNC Financial Services Group Inc. now owns 468 shares of the company’s stock worth $40,000 after purchasing an additional 178 shares during the last quarter. Comerica Bank increased its position in shares of First Trust Indxx NextG ETF by 22.1% during the 1st quarter. Comerica Bank now owns 1,347 shares of the company’s stock worth $114,000 after purchasing an additional 244 shares during the last quarter. Finally, Proactive Wealth Strategies LLC boosted its stake in First Trust Indxx NextG ETF by 6.6% during the first quarter. Proactive Wealth Strategies LLC now owns 7,975 shares of the company’s stock worth $677,000 after buying an additional 492 shares during the period.

First Trust Indxx NextG ETF Stock Up 0.3%

Shares of NASDAQ NXTG opened at $107.50 on Friday. First Trust Indxx NextG ETF has a 52-week low of $74.03 and a 52-week high of $108.32. The business’s 50 day moving average is $102.47 and its two-hundred day moving average is $95.04. The firm has a market cap of $424.63 million, a price-to-earnings ratio of 22.81 and a beta of 0.89.

First Trust Indxx NextG ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Thursday, September 25th were given a dividend of $0.5008 per share. This represents a $2.00 annualized dividend and a dividend yield of 1.9%. The ex-dividend date of this dividend was Thursday, September 25th.

First Trust Indxx NextG ETF Company Profile

The First Trust IndXX NextG ETF (NXTG) is an exchange-traded fund that is based on the Indxx 5G & NextG Thematic index. The fund tracks a tiered-weighted index of global equities related to next generation digital cellular technologies. NXTG was launched on Feb 17, 2011 and is managed by First Trust.