Cetera Investment Advisers Has $8.78 Million Stock Position in First Trust Indxx NextG ETF $NXTG

Cetera Investment Advisers reduced its position in shares of First Trust Indxx NextG ETF (NASDAQ:NXTG) by 5.4% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 78,486 shares of the company’s stock after selling 4,515 shares during the quarter. Cetera Investment Advisers’ holdings in First Trust Indxx NextG ETF were worth $8,784,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. Stephens Inc. AR grew its position in shares of First Trust Indxx NextG ETF by 1.3% during the 1st quarter. Stephens Inc. AR now owns 6,729 shares of the company’s stock worth $753,000 after buying an additional 87 shares during the period. J.W. Cole Advisors Inc. lifted its holdings in First Trust Indxx NextG ETF by 1.4% in the fourth quarter. J.W. Cole Advisors Inc. now owns 8,063 shares of the company’s stock valued at $869,000 after buying an additional 111 shares during the period. Private Advisor Group LLC boosted its stake in First Trust Indxx NextG ETF by 0.7% in the third quarter. Private Advisor Group LLC now owns 20,852 shares of the company’s stock valued at $2,160,000 after acquiring an additional 147 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in First Trust Indxx NextG ETF by 16.9% in the second quarter. JPMorgan Chase & Co. now owns 1,170 shares of the company’s stock valued at $114,000 after acquiring an additional 169 shares during the last quarter. Finally, Banco Santander S.A. boosted its stake in First Trust Indxx NextG ETF by 6.1% in the fourth quarter. Banco Santander S.A. now owns 3,120 shares of the company’s stock valued at $336,000 after acquiring an additional 180 shares during the last quarter.

First Trust Indxx NextG ETF Stock Performance

NXTG opened at $145.31 on Friday. The company has a fifty day moving average price of $151.92 and a two-hundred day moving average price of $132.10. The firm has a market capitalization of $537.65 million, a PE ratio of 22.81 and a beta of 1.03. First Trust Indxx NextG ETF has a 52 week low of $95.47 and a 52 week high of $167.58.

First Trust Indxx NextG ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were given a $0.5768 dividend. The ex-dividend date was Thursday, June 25th. This represents a $2.31 annualized dividend and a dividend yield of 1.6%. This is an increase from First Trust Indxx NextG ETF’s previous quarterly dividend of $0.23.

First Trust Indxx NextG ETF Profile

The First Trust IndXX NextG ETF (NXTG) is an exchange-traded fund that is based on the Indxx 5G & NextG Thematic index. The fund tracks a tiered-weighted index of global equities related to next generation digital cellular technologies. NXTG was launched on Feb 17, 2011 and is managed by First Trust.