First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) Position Lessened by Benjamin F. Edwards & Company Inc.

Benjamin F. Edwards & Company Inc. trimmed its position in shares of First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) by 10.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 168,259 shares of the company’s stock after selling 19,360 shares during the period. Benjamin F. Edwards & Company Inc. owned about 1.05% of First Trust Nasdaq Semiconductor ETF worth $16,802,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently bought and sold shares of FTXL. Concentrum Wealth Management raised its holdings in First Trust Nasdaq Semiconductor ETF by 5.3% during the fourth quarter. Concentrum Wealth Management now owns 13,856 shares of the company’s stock valued at $1,130,000 after buying an additional 699 shares in the last quarter. Private Advisor Group LLC bought a new position in First Trust Nasdaq Semiconductor ETF during the fourth quarter valued at about $234,000. Wells Fargo & Company MN raised its holdings in First Trust Nasdaq Semiconductor ETF by 58.2% during the fourth quarter. Wells Fargo & Company MN now owns 353,807 shares of the company’s stock valued at $28,846,000 after buying an additional 130,183 shares in the last quarter. Cambridge Investment Research Advisors Inc. raised its holdings in First Trust Nasdaq Semiconductor ETF by 22.9% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 45,860 shares of the company’s stock valued at $3,739,000 after buying an additional 8,538 shares in the last quarter. Finally, Founders Financial Alliance LLC raised its holdings in First Trust Nasdaq Semiconductor ETF by 9.8% during the fourth quarter. Founders Financial Alliance LLC now owns 2,010 shares of the company’s stock valued at $164,000 after buying an additional 179 shares in the last quarter.

First Trust Nasdaq Semiconductor ETF Stock Performance

First Trust Nasdaq Semiconductor ETF stock opened at $91.85 on Friday. The business’s 50-day simple moving average is $91.70 and its 200-day simple moving average is $92.40. The firm has a market capitalization of $1.47 billion, a PE ratio of 24.77 and a beta of 1.29. First Trust Nasdaq Semiconductor ETF has a 52 week low of $61.62 and a 52 week high of $107.74.

First Trust Nasdaq Semiconductor ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, June 28th. Stockholders of record on Thursday, June 27th were paid a $0.1248 dividend. The ex-dividend date was Thursday, June 27th. This is a positive change from First Trust Nasdaq Semiconductor ETF’s previous dividend of $0.08.

First Trust Nasdaq Semiconductor ETF 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.