Sanctuary Advisors LLC Acquires New Stake in First Trust Nasdaq Bank ETF (NASDAQ:FTXO)

Sanctuary Advisors LLC acquired a new stake in shares of First Trust Nasdaq Bank ETF (NASDAQ:FTXO) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 9,228 shares of the company’s stock, valued at approximately $317,000. Sanctuary Advisors LLC owned about 0.14% of First Trust Nasdaq Bank ETF as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in FTXO. Thurston Springer Miller Herd & Titak Inc. boosted its stake in shares of First Trust Nasdaq Bank ETF by 284.6% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,365 shares of the company’s stock valued at $75,000 after acquiring an additional 1,750 shares during the last quarter. Principal Securities Inc. boosted its stake in First Trust Nasdaq Bank ETF by 215.5% in the 4th quarter. Principal Securities Inc. now owns 4,442 shares of the company’s stock worth $141,000 after buying an additional 3,034 shares during the last quarter. Tyler Stone Wealth Management boosted its stake in First Trust Nasdaq Bank ETF by 68.1% in the 3rd quarter. Tyler Stone Wealth Management now owns 7,882 shares of the company’s stock worth $229,000 after buying an additional 3,193 shares during the last quarter. D.A. Davidson & CO. boosted its stake in First Trust Nasdaq Bank ETF by 7.9% in the 3rd quarter. D.A. Davidson & CO. now owns 8,154 shares of the company’s stock worth $237,000 after buying an additional 600 shares during the last quarter. Finally, International Assets Investment Management LLC acquired a new stake in First Trust Nasdaq Bank ETF in the 4th quarter worth about $238,000.

First Trust Nasdaq Bank ETF Trading Down 1.6 %

Shares of NASDAQ:FTXO opened at $32.66 on Tuesday. The stock’s 50-day moving average price is $33.22 and its two-hundred day moving average price is $31.76. First Trust Nasdaq Bank ETF has a 12-month low of $24.72 and a 12-month high of $35.58. The firm has a market cap of $241.68 million, a price-to-earnings ratio of 13.83 and a beta of 1.11.

First Trust Nasdaq Bank ETF Cuts Dividend

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