Tudor Financial Inc. Reduces Stock Holdings in First Trust Nasdaq Semiconductor ETF $FTXL

Tudor Financial Inc. reduced its position in shares of First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) by 41.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,295 shares of the company’s stock after selling 4,470 shares during the period. Tudor Financial Inc. owned 0.10% of First Trust Nasdaq Semiconductor ETF worth $1,794,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the company. Hilton Head Capital Partners LLC acquired a new position in First Trust Nasdaq Semiconductor ETF in the 4th quarter valued at about $26,000. Orion Capital Management LLC purchased a new stake in shares of First Trust Nasdaq Semiconductor ETF during the 2nd quarter valued at approximately $57,000. AlphaCore Capital LLC purchased a new stake in shares of First Trust Nasdaq Semiconductor ETF during the 4th quarter valued at approximately $80,000. Sunbelt Securities Inc. purchased a new stake in shares of First Trust Nasdaq Semiconductor ETF during the 1st quarter valued at approximately $94,000. Finally, First Heartland Consultants Inc. acquired a new position in First Trust Nasdaq Semiconductor ETF in the second quarter valued at approximately $346,000.

First Trust Nasdaq Semiconductor ETF Stock Performance

FTXL opened at $219.94 on Friday. The stock has a market capitalization of $1.35 billion, a PE ratio of 28.27 and a beta of 1.74. First Trust Nasdaq Semiconductor ETF has a one year low of $96.87 and a one year high of $297.36. The business’s 50 day moving average price is $235.32 and its 200 day moving average price is $214.07.

First Trust Nasdaq Semiconductor ETF Increases Dividend

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

First Trust Nasdaq Semiconductor ETF Company 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.