Cetera Investment Advisers Buys 6,874 Shares of First Trust Nasdaq Semiconductor ETF $FTXL

Cetera Investment Advisers raised its stake in First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) by 18.6% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 43,762 shares of the company’s stock after acquiring an additional 6,874 shares during the period. Cetera Investment Advisers owned approximately 1.46% of First Trust Nasdaq Semiconductor ETF worth $4,199,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Ameritas Advisory Services LLC bought a new position in shares of First Trust Nasdaq Semiconductor ETF in the second quarter worth $30,000. GAMMA Investing LLC bought a new stake in First Trust Nasdaq Semiconductor ETF during the second quarter worth about $26,000. OLD Mission Capital LLC acquired a new stake in First Trust Nasdaq Semiconductor ETF during the first quarter worth about $497,000. Legacy Wealth Managment LLC ID increased 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 valued at $276,000 after buying an additional 426 shares during the period. Finally, Grimes & Company Inc. bought a new position in First Trust Nasdaq Semiconductor ETF in the 2nd quarter valued at about $8,648,000.

First Trust Nasdaq Semiconductor ETF Trading Up 0.7%

Shares of First Trust Nasdaq Semiconductor ETF stock opened at $119.68 on Wednesday. The company has a 50 day moving average of $118.19 and a 200-day moving average of $103.09. First Trust Nasdaq Semiconductor ETF has a 1-year low of $59.72 and a 1-year high of $129.89. The company has a market cap of $335.10 million, a PE ratio of 28.27 and a beta of 1.41.

First Trust Nasdaq Semiconductor ETF Cuts Dividend

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

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.