First Trust Indxx NextG ETF (NASDAQ:NXTG) Shares Acquired by Truist Financial Corp

Truist Financial Corp lifted its holdings in shares of First Trust Indxx NextG ETF (NASDAQ:NXTG) by 15.8% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 5,162 shares of the company’s stock after buying an additional 704 shares during the period. Truist Financial Corp owned approximately 0.12% of First Trust Indxx NextG ETF worth $440,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in NXTG. Benjamin Edwards Inc. acquired a new stake in shares of First Trust Indxx NextG ETF during the third quarter worth about $4,600,000. Flow Traders U.S. LLC purchased a new position in First Trust Indxx NextG ETF during the third quarter worth about $1,749,000. Strategic Financial Concepts LLC purchased a new position in First Trust Indxx NextG ETF during the fourth quarter worth about $950,000. Proactive Wealth Strategies LLC purchased a new position in First Trust Indxx NextG ETF during the third quarter worth about $648,000. Finally, International Assets Investment Management LLC purchased a new position in First Trust Indxx NextG ETF during the fourth quarter worth about $630,000.

First Trust Indxx NextG ETF Trading Down 1.1 %

Shares of First Trust Indxx NextG ETF stock opened at $86.37 on Tuesday. First Trust Indxx NextG ETF has a 12-month low of $73.37 and a 12-month high of $91.29. The stock has a market cap of $367.07 million, a PE ratio of 22.73 and a beta of 0.89. The company has a 50-day moving average of $87.25 and a two-hundred day moving average of $86.41.

First Trust Indxx NextG ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders 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 Company 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.