Earned Wealth Advisors LLC Purchases Shares of 23,013 First Trust Nasdaq Semiconductor ETF $FTXL

Earned Wealth Advisors LLC purchased a new stake in First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 23,013 shares of the company’s stock, valued at approximately $2,981,000. Earned Wealth Advisors LLC owned about 0.22% of First Trust Nasdaq Semiconductor ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Ballew Advisors Inc raised its stake in First Trust Nasdaq Semiconductor ETF by 3.1% in the third quarter. Ballew Advisors Inc now owns 3,316 shares of the company’s stock valued at $379,000 after buying an additional 100 shares during the last quarter. Outlook Wealth Advisors LLC raised its stake in First Trust Nasdaq Semiconductor ETF by 0.7% in the third quarter. Outlook Wealth Advisors LLC now owns 21,036 shares of the company’s stock valued at $2,353,000 after buying an additional 153 shares during the last quarter. Private Trust Co. NA raised its stake in shares of First Trust Nasdaq Semiconductor ETF by 10.8% in the fourth quarter. Private Trust Co. NA now owns 2,228 shares of the company’s stock worth $289,000 after purchasing an additional 218 shares during the last quarter. Ameriflex Group Inc. purchased a new position in shares of First Trust Nasdaq Semiconductor ETF in the third quarter worth about $31,000. Finally, Oppenheimer & Co. Inc. raised its stake in shares of First Trust Nasdaq Semiconductor ETF by 2.7% in the third quarter. Oppenheimer & Co. Inc. now owns 11,238 shares of the company’s stock worth $1,257,000 after purchasing an additional 292 shares during the last quarter.

First Trust Nasdaq Semiconductor ETF Price Performance

Shares of NASDAQ:FTXL opened at $188.55 on Monday. First Trust Nasdaq Semiconductor ETF has a 52-week low of $64.62 and a 52-week high of $189.23. The stock has a market cap of $1.95 billion, a price-to-earnings ratio of 28.27 and a beta of 1.43. The business has a 50-day moving average price of $156.93 and a 200-day moving average price of $140.06.

First Trust Nasdaq Semiconductor ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Thursday, March 26th were paid a $0.0131 dividend. This represents a $0.05 annualized dividend and a dividend yield of 0.0%. The ex-dividend date was Thursday, March 26th.

About First Trust Nasdaq Semiconductor ETF

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.