First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) Shares Sold by WMG Financial Advisors LLC

WMG Financial Advisors LLC trimmed its position in First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) by 4.8% during the 4th quarter, Holdings Channel.com reports. The fund owned 12,614 shares of the company’s stock after selling 631 shares during the period. WMG Financial Advisors LLC’s holdings in First Trust Nasdaq Semiconductor ETF were worth $1,101,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in the company. FMR LLC increased its position in shares of First Trust Nasdaq Semiconductor ETF by 81.1% in the 3rd quarter. FMR LLC now owns 326 shares of the company’s stock valued at $30,000 after acquiring an additional 146 shares during the period. StoneX Group Inc. increased its position in shares of First Trust Nasdaq Semiconductor ETF by 1.2% in the 3rd quarter. StoneX Group Inc. now owns 20,194 shares of the company’s stock valued at $1,884,000 after acquiring an additional 234 shares during the period. Global Retirement Partners LLC increased its position in shares of First Trust Nasdaq Semiconductor ETF by 144.8% in the 4th quarter. Global Retirement Partners LLC now owns 617 shares of the company’s stock valued at $54,000 after acquiring an additional 365 shares during the period. SBI Securities Co. Ltd. acquired a new position in shares of First Trust Nasdaq Semiconductor ETF in the 4th quarter valued at $39,000. Finally, Spire Wealth Management acquired a new position in shares of First Trust Nasdaq Semiconductor ETF in the 4th quarter valued at $42,000.

First Trust Nasdaq Semiconductor ETF Price Performance

NASDAQ FTXL opened at $80.89 on Tuesday. The stock’s fifty day moving average price is $89.42 and its 200 day moving average price is $90.25. The company has a market cap of $270.98 million, a price-to-earnings ratio of 25.70 and a beta of 1.24. First Trust Nasdaq Semiconductor ETF has a 1 year low of $78.34 and a 1 year high of $107.74.

First Trust Nasdaq Semiconductor ETF Increases Dividend

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were given a dividend of $0.1657 per share. This is an increase from First Trust Nasdaq Semiconductor ETF’s previous dividend of $0.12. The ex-dividend date of this dividend was Friday, December 13th.

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.