Farther Finance Advisors LLC Sells 3,453 Shares of First Trust Nasdaq Semiconductor ETF $FTXL

Farther Finance Advisors LLC reduced its stake in shares of First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) by 89.7% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 396 shares of the company’s stock after selling 3,453 shares during the quarter. Farther Finance Advisors LLC’s holdings in First Trust Nasdaq Semiconductor ETF were worth $44,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the stock. GAMMA Investing LLC bought a new stake in shares of First Trust Nasdaq Semiconductor ETF in the 2nd quarter valued at about $26,000. Outlook Wealth Advisors LLC lifted its position in First Trust Nasdaq Semiconductor ETF by 1.5% in the second quarter. Outlook Wealth Advisors LLC now owns 20,883 shares of the company’s stock valued at $2,004,000 after purchasing an additional 300 shares during the last quarter. Ameritas Advisory Services LLC purchased a new stake in shares of First Trust Nasdaq Semiconductor ETF during the second quarter valued at approximately $30,000. SBI Securities Co. Ltd. grew its holdings in shares of First Trust Nasdaq Semiconductor ETF by 73.6% in the second quarter. SBI Securities Co. Ltd. now owns 783 shares of the company’s stock worth $75,000 after purchasing an additional 332 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC grew its holdings in shares of First Trust Nasdaq Semiconductor ETF by 27.2% in the second quarter. Steward Partners Investment Advisory LLC now owns 2,690 shares of the company’s stock worth $258,000 after purchasing an additional 575 shares during the last quarter.

First Trust Nasdaq Semiconductor ETF Stock Up 3.7%

Shares of NASDAQ FTXL opened at $145.14 on Monday. The firm’s fifty day moving average is $127.86 and its 200 day moving average is $113.33. First Trust Nasdaq Semiconductor ETF has a 52 week low of $59.72 and a 52 week high of $145.58. The company has a market cap of $1.48 billion, a price-to-earnings ratio of 28.27 and a beta of 1.41.

First Trust Nasdaq Semiconductor ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were paid a dividend of $0.1203 per share. This represents a $0.48 annualized dividend and a dividend yield of 0.3%. This is a positive change from First Trust Nasdaq Semiconductor ETF’s previous quarterly dividend of $0.08. The ex-dividend date of this dividend was Friday, December 12th.

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.