Janney Montgomery Scott LLC Has $3.23 Million Stock Holdings in First Trust Nasdaq Bank ETF (NASDAQ:FTXO)

Janney Montgomery Scott LLC boosted its position in shares of First Trust Nasdaq Bank ETF (NASDAQ:FTXO) by 31.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 101,580 shares of the company’s stock after purchasing an additional 24,261 shares during the period. Janney Montgomery Scott LLC owned 1.60% of First Trust Nasdaq Bank ETF worth $3,231,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Wagner Wealth Management LLC raised its stake in shares of First Trust Nasdaq Bank ETF by 0.6% during the 3rd quarter. Wagner Wealth Management LLC now owns 167,065 shares of the company’s stock worth $4,858,000 after purchasing an additional 915 shares in the last quarter. Park Avenue Securities LLC acquired a new position in First Trust Nasdaq Bank ETF in the fourth quarter worth approximately $642,000. Jane Street Group LLC bought a new position in First Trust Nasdaq Bank ETF during the third quarter valued at approximately $271,000. D.A. Davidson & CO. lifted its stake in First Trust Nasdaq Bank ETF by 7.9% in the third quarter. D.A. Davidson & CO. now owns 8,154 shares of the company’s stock valued at $237,000 after acquiring an additional 600 shares during the last quarter. Finally, Tyler Stone Wealth Management grew its position in First Trust Nasdaq Bank ETF by 68.1% in the third quarter. Tyler Stone Wealth Management now owns 7,882 shares of the company’s stock worth $229,000 after acquiring an additional 3,193 shares in the last quarter.

First Trust Nasdaq Bank ETF Stock Down 0.5 %

Shares of FTXO opened at $34.19 on Friday. The firm has a market cap of $225.65 million, a price-to-earnings ratio of 10.77 and a beta of 1.11. The company’s fifty day moving average is $33.25 and its 200-day moving average is $30.98. First Trust Nasdaq Bank ETF has a 12 month low of $23.61 and a 12 month high of $35.58.

First Trust Nasdaq Bank ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were given a dividend of $0.1864 per share. The ex-dividend date was Friday, December 13th.

First Trust Nasdaq Bank ETF Company Profile

The First Trust Nasdaq Bank ETF (FTXO) is an exchange-traded fund that is based on the NASDAQ US Banks index. The fund tracks an index composed of the most liquid US banking companies. Holdings are selected by their liquidity, and weighted based on volatility, value, and growth factors. FTXO was launched on Sep 20, 2016 and is managed by First Trust.