First Trust Nasdaq Semiconductor ETF Announces Quarterly Dividend of $0.01 (NASDAQ:FTXL)

First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) declared a quarterly dividend on Wednesday, March 25th, NASDAQ Dividends reports. Shareholders of record on Thursday, March 26th will be paid a dividend of 0.0131 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a yield of 0.0%. The ex-dividend date of this dividend is Thursday, March 26th.

First Trust Nasdaq Semiconductor ETF Price Performance

FTXL traded down $7.14 during trading on Thursday, reaching $148.06. The company had a trading volume of 167,569 shares, compared to its average volume of 180,127. The company has a market cap of $1.53 billion, a P/E ratio of 28.27 and a beta of 1.41. First Trust Nasdaq Semiconductor ETF has a 12 month low of $59.72 and a 12 month high of $163.32. The business’s fifty day moving average price is $153.02 and its 200 day moving average price is $133.29.

Institutional Investors Weigh In On First Trust Nasdaq Semiconductor ETF

Several institutional investors have recently added to or reduced their stakes in FTXL. Hilton Head Capital Partners LLC bought a new position in First Trust Nasdaq Semiconductor ETF during the 4th quarter worth about $26,000. Ameriflex Group Inc. bought a new stake in shares of First Trust Nasdaq Semiconductor ETF in the third quarter valued at about $31,000. Flagship Harbor Advisors LLC acquired a new position in shares of First Trust Nasdaq Semiconductor ETF during the fourth quarter worth about $47,000. NBC Securities Inc. grew its holdings in shares of First Trust Nasdaq Semiconductor ETF by 27.9% during the fourth quarter. NBC Securities Inc. now owns 394 shares of the company’s stock worth $51,000 after buying an additional 86 shares in the last quarter. Finally, AlphaCore Capital LLC bought a new position in shares of First Trust Nasdaq Semiconductor ETF during the fourth quarter worth about $80,000.

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.