Leelyn Smith LLC Invests $372,000 in First Trust Nasdaq Semiconductor ETF $FTXL

Leelyn Smith LLC acquired a new position in First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 2,523 shares of the company’s stock, valued at approximately $372,000.

Several other large investors have also recently added to or reduced their stakes in FTXL. Ameriprise Financial Inc. acquired a new position in First Trust Nasdaq Semiconductor ETF during the 2nd quarter worth $245,000. Geneos Wealth Management Inc. grew its stake in shares of First Trust Nasdaq Semiconductor ETF by 123.4% in the second quarter. Geneos Wealth Management Inc. now owns 3,362 shares of the company’s stock worth $323,000 after purchasing an additional 1,857 shares in the last quarter. B. Riley Wealth Advisors Inc. acquired a new position in shares of First Trust Nasdaq Semiconductor ETF during the second quarter valued at $243,000. Smith Moore & CO. acquired a new position in shares of First Trust Nasdaq Semiconductor ETF during the third quarter valued at $206,000. Finally, Ameriflex Group Inc. bought a new stake in shares of First Trust Nasdaq Semiconductor ETF during the third quarter valued at about $31,000.

First Trust Nasdaq Semiconductor ETF Price Performance

Shares of NASDAQ FTXL opened at $250.32 on Friday. The stock has a market cap of $2.52 billion, a P/E ratio of 28.27 and a beta of 1.71. The firm’s 50-day simple moving average is $251.65 and its 200 day simple moving average is $186.52. First Trust Nasdaq Semiconductor ETF has a fifty-two week low of $93.61 and a fifty-two week high of $297.36.

First Trust Nasdaq Semiconductor ETF Increases Dividend

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

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.