Wagner Wealth Management LLC Has $5.34 Million Stock Position in First Trust Nasdaq Bank ETF (NASDAQ:FTXO)

Wagner Wealth Management LLC lifted its holdings in shares of First Trust Nasdaq Bank ETF (NASDAQ:FTXO) by 0.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 167,920 shares of the company’s stock after purchasing an additional 855 shares during the period. First Trust Nasdaq Bank ETF accounts for 1.4% of Wagner Wealth Management LLC’s holdings, making the stock its 20th biggest holding. Wagner Wealth Management LLC owned about 2.54% of First Trust Nasdaq Bank ETF worth $5,341,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of FTXO. Thurston Springer Miller Herd & Titak Inc. grew its position in shares of First Trust Nasdaq Bank ETF by 284.6% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,365 shares of the company’s stock valued at $75,000 after buying an additional 1,750 shares during the last quarter. International Assets Investment Management LLC acquired a new stake in First Trust Nasdaq Bank ETF during the 4th quarter valued at approximately $238,000. HBW Advisory Services LLC increased its position in First Trust Nasdaq Bank ETF by 4.6% during the 4th quarter. HBW Advisory Services LLC now owns 7,807 shares of the company’s stock valued at $248,000 after purchasing an additional 345 shares during the period. Tyler Stone Wealth Management raised its holdings in First Trust Nasdaq Bank ETF by 68.1% during the 3rd quarter. Tyler Stone Wealth Management now owns 7,882 shares of the company’s stock worth $229,000 after purchasing an additional 3,193 shares during the last quarter. Finally, D.A. Davidson & CO. lifted its position in shares of First Trust Nasdaq Bank ETF by 7.9% in the 3rd quarter. D.A. Davidson & CO. now owns 8,154 shares of the company’s stock worth $237,000 after purchasing an additional 600 shares during the period.

First Trust Nasdaq Bank ETF Stock Down 0.8 %

Shares of NASDAQ FTXO opened at $34.49 on Monday. The company has a market capitalization of $236.26 million, a PE ratio of 10.77 and a beta of 1.11. First Trust Nasdaq Bank ETF has a twelve month low of $23.73 and a twelve month high of $35.58. The firm has a fifty day simple moving average of $33.16 and a 200 day simple moving average of $31.18.

First Trust Nasdaq Bank ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were issued a dividend of $0.1864 per share. The ex-dividend date was Friday, December 13th.

First Trust Nasdaq Bank ETF Profile

The First Trust Nasdaq Bank ETF (FTXO) is an exchange-traded fund that is based on the NASDAQ US Banks index. The fund tracks an index composed of the most liquid US banking companies. Holdings are selected by their liquidity, and weighted based on volatility, value, and growth factors. FTXO was launched on Sep 20, 2016 and is managed by First Trust.