Cwm LLC Sells 449 Shares of First Trust Nasdaq Semiconductor ETF $FTXL

Cwm LLC cut its holdings in shares of First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) by 3.9% during the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 11,161 shares of the company’s stock after selling 449 shares during the period. Cwm LLC owned 0.37% of First Trust Nasdaq Semiconductor ETF worth $1,071,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. GAMMA Investing LLC bought a new position in shares of First Trust Nasdaq Semiconductor ETF during the second quarter valued at approximately $26,000. Ameritas Advisory Services LLC acquired a new stake in First Trust Nasdaq Semiconductor ETF in the second quarter valued at approximately $30,000. Founders Financial Alliance LLC boosted its stake in First Trust Nasdaq Semiconductor ETF by 10.0% in the first quarter. Founders Financial Alliance LLC now owns 1,406 shares of the company’s stock valued at $106,000 after acquiring an additional 128 shares in the last quarter. Legacy Wealth Managment LLC ID boosted its stake in First Trust Nasdaq Semiconductor ETF by 13.2% in the first quarter. Legacy Wealth Managment LLC ID now owns 3,650 shares of the company’s stock valued at $276,000 after acquiring an additional 426 shares in the last quarter. Finally, Brio Consultants LLC acquired a new stake in First Trust Nasdaq Semiconductor ETF in the first quarter valued at approximately $424,000.

First Trust Nasdaq Semiconductor ETF Stock Down 0.5%

Shares of FTXL opened at $120.52 on Wednesday. The company has a market cap of $337.46 million, a price-to-earnings ratio of 28.27 and a beta of 1.29. First Trust Nasdaq Semiconductor ETF has a twelve month low of $59.72 and a twelve month high of $121.38. The company has a 50 day moving average of $107.51 and a two-hundred day moving average of $93.84.

First Trust Nasdaq Semiconductor ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Thursday, September 25th were paid a $0.0768 dividend. This represents a $0.31 annualized dividend and a yield of 0.3%. The ex-dividend date was Thursday, September 25th.

First Trust Nasdaq Semiconductor ETF 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.