Sigma Planning Corp Makes New Investment in First Trust Nasdaq Semiconductor ETF $FTXL

Sigma Planning Corp acquired a new stake in First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 4,304 shares of the company’s stock, valued at approximately $635,000.

Other hedge funds have also recently modified their holdings of the company. Ameriprise Financial Inc. purchased a new position in First Trust Nasdaq Semiconductor ETF during the second quarter valued at approximately $245,000. Geneos Wealth Management Inc. increased its holdings in shares of First Trust Nasdaq Semiconductor ETF by 123.4% during the 2nd quarter. Geneos Wealth Management Inc. now owns 3,362 shares of the company’s stock valued at $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 in the 2nd quarter valued at $243,000. Mariner LLC lifted its stake in shares of First Trust Nasdaq Semiconductor ETF by 87.3% in the 3rd quarter. Mariner LLC now owns 3,942 shares of the company’s stock valued at $441,000 after purchasing an additional 1,837 shares during the period. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in First Trust Nasdaq Semiconductor ETF by 323.5% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 3,875 shares of the company’s stock worth $433,000 after buying an additional 2,960 shares in the last quarter.

First Trust Nasdaq Semiconductor ETF Stock Performance

FTXL stock opened at $226.74 on Monday. First Trust Nasdaq Semiconductor ETF has a one year low of $93.61 and a one year high of $297.36. The firm’s fifty day moving average is $257.10 and its 200 day moving average is $195.03. The firm has a market cap of $2.18 billion, a PE ratio of 28.27 and a beta of 1.71.

First Trust Nasdaq Semiconductor ETF Increases Dividend

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

First Trust Nasdaq Semiconductor ETF Company 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.