Kestra Advisory Services LLC Purchases 5,906 Shares of First Trust Nasdaq Semiconductor ETF $FTXL

Kestra Advisory Services LLC lifted its holdings in First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) by 12.7% during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 52,462 shares of the company’s stock after buying an additional 5,906 shares during the period. Kestra Advisory Services LLC’s holdings in First Trust Nasdaq Semiconductor ETF were worth $7,737,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. First Trust Advisors LP bought a new stake in First Trust Nasdaq Semiconductor ETF during the fourth quarter worth $735,882,000. Wells Fargo & Company MN grew its stake in First Trust Nasdaq Semiconductor ETF by 238.2% in the 4th quarter. Wells Fargo & Company MN now owns 352,977 shares of the company’s stock valued at $45,723,000 after purchasing an additional 248,623 shares during the period. Morgan Stanley increased its position in shares of First Trust Nasdaq Semiconductor ETF by 57.6% during the 4th quarter. Morgan Stanley now owns 487,464 shares of the company’s stock valued at $63,144,000 after purchasing an additional 178,099 shares during the last quarter. Nilsine Partners LLC increased its position in shares of First Trust Nasdaq Semiconductor ETF by 4,499.8% during the 4th quarter. Nilsine Partners LLC now owns 175,114 shares of the company’s stock valued at $22,683,000 after purchasing an additional 171,307 shares during the last quarter. Finally, Advisory Services Network LLC raised its stake in shares of First Trust Nasdaq Semiconductor ETF by 6,464.4% during the 4th quarter. Advisory Services Network LLC now owns 149,734 shares of the company’s stock worth $19,396,000 after purchasing an additional 147,453 shares during the period.

First Trust Nasdaq Semiconductor ETF Price Performance

NASDAQ FTXL opened at $241.61 on Tuesday. The business’s fifty day moving average is $256.74 and its 200-day moving average is $192.08. The stock has a market capitalization of $2.32 billion, a price-to-earnings ratio of 28.27 and a beta of 1.71. First Trust Nasdaq Semiconductor ETF has a one year low of $93.61 and a one year high of $297.36.

First Trust Nasdaq Semiconductor ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were given a $0.0356 dividend. This is a positive change from First Trust Nasdaq Semiconductor ETF’s previous quarterly dividend of $0.01. This represents a $0.14 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend was Thursday, June 25th.

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.