Rockefeller Capital Management L.P. Purchases 4,122 Shares of First Trust Indxx NextG ETF $NXTG

Rockefeller Capital Management L.P. raised its position in First Trust Indxx NextG ETF (NASDAQ:NXTG) by 468.9% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 5,001 shares of the company’s stock after acquiring an additional 4,122 shares during the period. Rockefeller Capital Management L.P.’s holdings in First Trust Indxx NextG ETF were worth $539,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Geneos Wealth Management Inc. increased its holdings in First Trust Indxx NextG ETF by 200.0% in the 2nd quarter. Geneos Wealth Management Inc. now owns 651 shares of the company’s stock worth $63,000 after acquiring an additional 434 shares during the last quarter. Arax Advisory Partners purchased a new stake in First Trust Indxx NextG ETF during the fourth quarter valued at about $53,000. Russell Investments Group Ltd. lifted its holdings in First Trust Indxx NextG ETF by 1,966.7% during the third quarter. Russell Investments Group Ltd. now owns 248 shares of the company’s stock valued at $26,000 after purchasing an additional 236 shares during the last quarter. J.W. Cole Advisors Inc. boosted its position in First Trust Indxx NextG ETF by 1.4% during the fourth quarter. J.W. Cole Advisors Inc. now owns 8,063 shares of the company’s stock worth $869,000 after purchasing an additional 111 shares during the period. Finally, IFP Advisors Inc boosted its position in First Trust Indxx NextG ETF by 53.3% during the fourth quarter. IFP Advisors Inc now owns 1,504 shares of the company’s stock worth $162,000 after purchasing an additional 523 shares during the period.

First Trust Indxx NextG ETF Stock Down 0.4%

NXTG opened at $147.48 on Friday. The company has a market capitalization of $545.68 million, a price-to-earnings ratio of 22.81 and a beta of 1.03. The firm has a 50-day moving average price of $149.39 and a 200-day moving average price of $126.69. First Trust Indxx NextG ETF has a twelve month low of $95.47 and a twelve month high of $167.58.

First Trust Indxx NextG ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were paid a dividend of $0.5768 per share. This represents a $2.31 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date was Thursday, June 25th. This is an increase from First Trust Indxx NextG ETF’s previous quarterly dividend of $0.23.

First Trust Indxx NextG ETF Company Profile

The First Trust IndXX NextG ETF (NXTG) is an exchange-traded fund that is based on the Indxx 5G & NextG Thematic index. The fund tracks a tiered-weighted index of global equities related to next generation digital cellular technologies. NXTG was launched on Feb 17, 2011 and is managed by First Trust.