Bank of New York Mellon Corp Takes Position in First Trust Nasdaq Bank ETF (NASDAQ:FTXO)

Bank of New York Mellon Corp purchased a new position in First Trust Nasdaq Bank ETF (NASDAQ:FTXO) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 35,997 shares of the company’s stock, valued at approximately $1,145,000. Bank of New York Mellon Corp owned approximately 0.53% of First Trust Nasdaq Bank ETF as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in FTXO. Thurston Springer Miller Herd & Titak Inc. grew its position 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 purchasing an additional 1,750 shares in the last quarter. Principal Securities Inc. raised its holdings in shares of First Trust Nasdaq Bank ETF by 215.5% in the fourth 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 period. D.A. Davidson & CO. lifted its position in shares of First Trust Nasdaq Bank ETF by 7.9% during the third quarter. D.A. Davidson & CO. now owns 8,154 shares of the company’s stock worth $237,000 after purchasing an additional 600 shares during the last quarter. International Assets Investment Management LLC bought a new stake in First Trust Nasdaq Bank ETF during the 4th quarter valued at about $238,000. Finally, HBW Advisory Services LLC boosted its holdings in shares of First Trust Nasdaq Bank ETF by 4.6% in the fourth quarter. HBW Advisory Services LLC now owns 7,807 shares of the company’s stock valued at $248,000 after purchasing an additional 345 shares during the period.

First Trust Nasdaq Bank ETF Trading Up 2.4 %

FTXO opened at $31.19 on Tuesday. First Trust Nasdaq Bank ETF has a 12-month low of $24.72 and a 12-month high of $35.58. The business’s fifty day simple moving average is $32.69 and its 200-day simple moving average is $31.91. The company has a market capitalization of $213.65 million, a price-to-earnings ratio of 12.83 and a beta of 1.11.

First Trust Nasdaq Bank ETF 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.