Atomi Financial Group Inc. Sells 323 Shares of First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL)

Atomi Financial Group Inc. lessened its stake in shares of First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) by 5.1% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,961 shares of the company’s stock after selling 323 shares during the period. Atomi Financial Group Inc.’s holdings in First Trust Nasdaq Semiconductor ETF were worth $595,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in FTXL. Bank of New York Mellon Corp raised its holdings in First Trust Nasdaq Semiconductor ETF by 2.2% in the 2nd quarter. Bank of New York Mellon Corp now owns 5,345 shares of the company’s stock worth $534,000 after acquiring an additional 114 shares during the last quarter. Founders Financial Alliance LLC raised its stake in shares of First Trust Nasdaq Semiconductor ETF by 9.8% in the fourth quarter. Founders Financial Alliance LLC now owns 2,010 shares of the company’s stock worth $164,000 after purchasing an additional 179 shares during the last quarter. Kesler Norman & Wride LLC lifted its holdings in shares of First Trust Nasdaq Semiconductor ETF by 7.7% during the first quarter. Kesler Norman & Wride LLC now owns 3,784 shares of the company’s stock valued at $343,000 after purchasing an additional 269 shares in the last quarter. Kovack Advisors Inc. boosted its position in shares of First Trust Nasdaq Semiconductor ETF by 3.8% during the fourth quarter. Kovack Advisors Inc. now owns 7,562 shares of the company’s stock valued at $617,000 after buying an additional 277 shares during the last quarter. Finally, L.M. Kohn & Company increased its holdings in First Trust Nasdaq Semiconductor ETF by 9.4% in the 4th quarter. L.M. Kohn & Company now owns 4,226 shares of the company’s stock worth $345,000 after buying an additional 363 shares in the last quarter.

First Trust Nasdaq Semiconductor ETF Trading Down 0.6 %

FTXL stock traded down $0.57 on Wednesday, hitting $92.94. The company had a trading volume of 938 shares, compared to its average volume of 73,090. The stock has a market cap of $1.48 billion, a price-to-earnings ratio of 24.77 and a beta of 1.29. The stock’s 50-day simple moving average is $96.17 and its 200 day simple moving average is $92.15. First Trust Nasdaq Semiconductor ETF has a 12-month low of $61.62 and a 12-month high of $107.74.

First Trust Nasdaq Semiconductor ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, June 28th. Shareholders of record on Thursday, June 27th were paid a dividend of $0.1248 per share. This is an increase from First Trust Nasdaq Semiconductor ETF’s previous dividend of $0.08. The ex-dividend date of this dividend was Thursday, June 27th.

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.