NBC Securities Inc. Sells 236 Shares of First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL)

NBC Securities Inc. decreased its position in First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) by 10.5% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,013 shares of the company’s stock after selling 236 shares during the period. NBC Securities Inc.’s holdings in First Trust Nasdaq Semiconductor ETF were worth $187,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. International Assets Investment Management LLC purchased a new position in First Trust Nasdaq Semiconductor ETF in the second quarter worth about $51,000. GAMMA Investing LLC purchased a new position in First Trust Nasdaq Semiconductor ETF in the 3rd quarter worth approximately $54,000. Northwestern Mutual Wealth Management Co. lifted its position in First Trust Nasdaq Semiconductor ETF by 24.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 940 shares of the company’s stock valued at $94,000 after acquiring an additional 185 shares in the last quarter. Comerica Bank boosted its stake in First Trust Nasdaq Semiconductor ETF by 30.5% during the 1st quarter. Comerica Bank now owns 1,754 shares of the company’s stock valued at $159,000 after purchasing an additional 410 shares during the last quarter. Finally, Concourse Financial Group Securities Inc. boosted its stake in First Trust Nasdaq Semiconductor ETF by 61.3% during the 3rd quarter. Concourse Financial Group Securities Inc. now owns 1,900 shares of the company’s stock valued at $177,000 after purchasing an additional 722 shares during the last quarter.

First Trust Nasdaq Semiconductor ETF Price Performance

FTXL stock opened at $93.10 on Friday. The stock has a market capitalization of $1.43 billion, a P/E ratio of 24.77 and a beta of 1.29. First Trust Nasdaq Semiconductor ETF has a 1-year low of $61.62 and a 1-year high of $107.74. The business has a fifty day moving average price of $91.40 and a 200-day moving average price of $92.82.

First Trust Nasdaq Semiconductor ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were given a $0.1017 dividend. This represents a $0.41 dividend on an annualized basis and a yield of 0.44%. The ex-dividend date was Thursday, September 26th.

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.