42,301 Shares in First Trust Nasdaq Transportation ETF $FTXR Purchased by Maridea Wealth Management LLC

Maridea Wealth Management LLC acquired a new stake in First Trust Nasdaq Transportation ETF (NASDAQ:FTXR) in the fourth quarter, HoldingsChannel.com reports. The fund acquired 42,301 shares of the company’s stock, valued at approximately $1,639,000.

Other institutional investors also recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. increased its position in First Trust Nasdaq Transportation ETF by 200.0% during the 2nd quarter. Geneos Wealth Management Inc. now owns 1,800 shares of the company’s stock worth $57,000 after purchasing an additional 1,200 shares during the period. Osaic Holdings Inc. raised its stake in shares of First Trust Nasdaq Transportation ETF by 880.3% during the 2nd quarter. Osaic Holdings Inc. now owns 7,960 shares of the company’s stock worth $252,000 after buying an additional 7,148 shares in the last quarter. Two Sigma Investments LP acquired a new stake in shares of First Trust Nasdaq Transportation ETF in the 3rd quarter valued at approximately $256,000. Royal Bank of Canada acquired a new stake in shares of First Trust Nasdaq Transportation ETF in the 1st quarter valued at approximately $290,000. Finally, Raymond James Financial Inc. purchased a new stake in shares of First Trust Nasdaq Transportation ETF in the second quarter valued at approximately $527,000.

First Trust Nasdaq Transportation ETF Price Performance

Shares of FTXR stock opened at $36.91 on Friday. The business’s fifty day moving average price is $40.68 and its 200 day moving average price is $37.95. First Trust Nasdaq Transportation ETF has a 1-year low of $25.47 and a 1-year high of $44.85. The firm has a market capitalization of $33.22 million, a PE ratio of 11.80 and a beta of 1.31.

First Trust Nasdaq Transportation ETF Company Profile

The First Trust Nasdaq Transportation ETF (FTXR) is an exchange-traded fund that is based on the Nasdaq US Smart Transportation index. The fund tracks an index composed of 30 US transportation companies. Holdings are selected by liquidity and weighted based on volatility, value and growth factors. FTXR was launched on Sep 20, 2016 and is managed by First Trust.