Commonwealth Equity Services LLC Has $3.86 Million Stock Position in First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL)

Commonwealth Equity Services LLC cut its holdings in shares of First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) by 29.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 44,201 shares of the company’s stock after selling 18,854 shares during the period. Commonwealth Equity Services LLC owned 1.21% of First Trust Nasdaq Semiconductor ETF worth $3,857,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of FTXL. Raymond James Financial Inc. bought a new stake in First Trust Nasdaq Semiconductor ETF in the fourth quarter valued at about $20,984,000. NewSquare Capital LLC boosted its position in shares of First Trust Nasdaq Semiconductor ETF by 1.0% during the fourth quarter. NewSquare Capital LLC now owns 230,802 shares of the company’s stock worth $20,142,000 after purchasing an additional 2,193 shares in the last quarter. Nilsine Partners LLC grew its holdings in shares of First Trust Nasdaq Semiconductor ETF by 4.8% in the 4th quarter. Nilsine Partners LLC now owns 178,580 shares of the company’s stock valued at $15,585,000 after buying an additional 8,203 shares during the period. Benjamin Edwards Inc. increased its position in shares of First Trust Nasdaq Semiconductor ETF by 11,762.7% in the 3rd quarter. Benjamin Edwards Inc. now owns 150,656 shares of the company’s stock valued at $14,067,000 after buying an additional 149,386 shares in the last quarter. Finally, Truist Financial Corp raised its stake in First Trust Nasdaq Semiconductor ETF by 1.4% during the 4th quarter. Truist Financial Corp now owns 109,903 shares of the company’s stock worth $9,591,000 after buying an additional 1,484 shares during the period.

First Trust Nasdaq Semiconductor ETF Trading Up 2.9 %

NASDAQ:FTXL opened at $82.72 on Tuesday. First Trust Nasdaq Semiconductor ETF has a 1 year low of $75.52 and a 1 year high of $107.74. The stock has a 50-day moving average price of $86.51 and a two-hundred day moving average price of $88.93. The stock has a market cap of $301.93 million, a price-to-earnings ratio of 27.96 and a beta of 1.29.

First Trust Nasdaq Semiconductor ETF Profile

The First Trust Nasdaq Semiconductor ETF (FTXL) is an exchange-traded fund that is based on the Nasdaq US Smart Semiconductor index. The fund tracks an index of the most liquid US semiconductor companies, weighted according to factors related to value, volatility and growth. FTXL was launched on Sep 20, 2016 and is managed by First Trust.