Truist Financial Corp trimmed its stake in First Trust Nasdaq Transportation ETF (NASDAQ:FTXR – Free Report) by 8.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,056 shares of the company’s stock after selling 540 shares during the quarter. Truist Financial Corp owned approximately 0.64% of First Trust Nasdaq Transportation ETF worth $208,000 at the end of the most recent reporting period.
Separately, Benjamin Edwards Inc. bought a new position in First Trust Nasdaq Transportation ETF in the third quarter valued at approximately $1,047,000.
First Trust Nasdaq Transportation ETF Stock Down 1.2 %
FTXR stock opened at $31.43 on Friday. The business has a 50 day moving average price of $34.37 and a two-hundred day moving average price of $33.70. The company has a market cap of $29.86 million, a price-to-earnings ratio of 12.74 and a beta of 1.37. First Trust Nasdaq Transportation ETF has a twelve month low of $28.05 and a twelve month high of $37.32.
First Trust Nasdaq Transportation ETF Increases Dividend
First Trust Nasdaq Transportation ETF Profile
The First Trust Nasdaq Transportation ETF (FTXR) is an exchange-traded fund that is based on the Nasdaq US Smart Transportation index. The fund tracks an index composed of 30 US transportation companies. Holdings are selected by liquidity and weighted based on volatility, value and growth factors. FTXR was launched on Sep 20, 2016 and is managed by First Trust.
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