Sanctuary Advisors LLC Lowers Holdings in First Trust Indxx NextG ETF (NASDAQ:NXTG)

Sanctuary Advisors LLC lessened its stake in First Trust Indxx NextG ETF (NASDAQ:NXTG) by 4.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,262 shares of the company’s stock after selling 409 shares during the quarter. Sanctuary Advisors LLC owned 0.19% of First Trust Indxx NextG ETF worth $719,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently modified their holdings of NXTG. Benjamin Edwards Inc. bought a new stake in First Trust Indxx NextG ETF in the 3rd quarter worth about $4,600,000. Flow Traders U.S. LLC bought a new stake in First Trust Indxx NextG ETF in the 3rd quarter worth about $1,749,000. Strategic Financial Concepts LLC bought a new stake in First Trust Indxx NextG ETF in the 4th quarter worth about $950,000. Proactive Wealth Strategies LLC bought a new stake in First Trust Indxx NextG ETF in the 3rd quarter worth about $648,000. Finally, International Assets Investment Management LLC bought a new stake in First Trust Indxx NextG ETF in the 4th quarter worth about $630,000.

First Trust Indxx NextG ETF Stock Performance

NASDAQ NXTG opened at $87.09 on Friday. The stock has a 50-day moving average of $87.24 and a 200 day moving average of $86.33. The company has a market capitalization of $370.14 million, a price-to-earnings ratio of 22.73 and a beta of 0.89. First Trust Indxx NextG ETF has a one year low of $73.37 and a one year high of $91.29.

First Trust Indxx NextG ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were paid a dividend of $0.4269 per share. The ex-dividend date of this dividend was Friday, December 13th.

First Trust Indxx NextG ETF Profile

The First Trust IndXX NextG ETF (NXTG) is an exchange-traded fund that is based on the Indxx 5G & NextG Thematic index. The fund tracks a tiered-weighted index of global equities related to next generation digital cellular technologies. NXTG was launched on Feb 17, 2011 and is managed by First Trust.