Commonwealth Equity Services LLC Boosts Holdings in First Trust Nasdaq Bank ETF (NASDAQ:FTXO)

Commonwealth Equity Services LLC increased its position in shares of First Trust Nasdaq Bank ETF (NASDAQ:FTXO) by 4.1% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 16,046 shares of the company’s stock after buying an additional 638 shares during the quarter. Commonwealth Equity Services LLC owned about 0.23% of First Trust Nasdaq Bank ETF worth $510,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Jane Street Group LLC purchased a new stake in First Trust Nasdaq Bank ETF in the third quarter valued at $271,000. International Assets Investment Management LLC purchased a new stake in First Trust Nasdaq Bank ETF in the 4th quarter valued at about $238,000. HBW Advisory Services LLC lifted its position in 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 buying an additional 345 shares during the last quarter. Park Avenue Securities LLC purchased a new position in First Trust Nasdaq Bank ETF during the fourth quarter worth about $642,000. Finally, Thurston Springer Miller Herd & Titak Inc. increased 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 acquiring an additional 1,750 shares during the last quarter.

First Trust Nasdaq Bank ETF Stock Performance

Shares of FTXO stock opened at $25.92 on Friday. The firm has a market cap of $191.81 million, a P/E ratio of 12.83 and a beta of 1.11. The firm’s 50 day moving average price is $31.98 and its 200-day moving average price is $31.95. First Trust Nasdaq Bank ETF has a one year low of $24.72 and a one year high of $35.58.

First Trust Nasdaq Bank ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were paid a dividend of $0.1207 per share. This represents a $0.48 dividend on an annualized basis and a yield of 1.86%. The ex-dividend date of this dividend was Thursday, March 27th.

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.