Tudor Financial Inc. Has $1.01 Million Stock Holdings in First Trust Nasdaq Transportation ETF $FTXR

Tudor Financial Inc. lifted its position in shares of First Trust Nasdaq Transportation ETF (NASDAQ:FTXR) by 1,108.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 22,111 shares of the company’s stock after purchasing an additional 20,282 shares during the period. Tudor Financial Inc. owned about 0.09% of First Trust Nasdaq Transportation ETF worth $1,008,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Royal Bank of Canada acquired a new stake in First Trust Nasdaq Transportation ETF during the 1st quarter worth approximately $290,000. Raymond James Financial Inc. acquired a new position in First Trust Nasdaq Transportation ETF in the 2nd quarter valued at approximately $527,000. Geneos Wealth Management Inc. increased its position in First Trust Nasdaq Transportation ETF by 200.0% in the 2nd quarter. Geneos Wealth Management Inc. now owns 1,800 shares of the company’s stock valued at $57,000 after acquiring an additional 1,200 shares during the period. Osaic Holdings Inc. increased its position in First Trust Nasdaq Transportation ETF by 880.3% in the 2nd quarter. Osaic Holdings Inc. now owns 7,960 shares of the company’s stock valued at $252,000 after acquiring an additional 7,148 shares during the period. Finally, Two Sigma Investments LP bought a new position in shares of First Trust Nasdaq Transportation ETF during the third quarter valued at $256,000.

First Trust Nasdaq Transportation ETF Stock Performance

Shares of NASDAQ:FTXR opened at $43.62 on Friday. The firm has a market cap of $1.03 billion, a PE ratio of 11.80 and a beta of 1.29. The firm’s fifty day moving average is $44.79 and its 200-day moving average is $42.58. First Trust Nasdaq Transportation ETF has a 52 week low of $33.62 and a 52 week high of $46.17.

First Trust Nasdaq Transportation ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were given a dividend of $0.1268 per share. The ex-dividend date of this dividend was Thursday, June 25th. This represents a $0.51 annualized dividend and a yield of 1.2%. This is an increase from First Trust Nasdaq Transportation ETF’s previous quarterly dividend of $0.03.

About First Trust Nasdaq Transportation ETF

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.