First Trust Indxx NextG ETF (NASDAQ:NXTG) Shares Sold by NewEdge Advisors LLC

NewEdge Advisors LLC trimmed its position in shares of First Trust Indxx NextG ETF (NASDAQ:NXTG) by 4.2% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 21,270 shares of the company’s stock after selling 926 shares during the quarter. NewEdge Advisors LLC owned approximately 0.47% of First Trust Indxx NextG ETF worth $1,743,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of NXTG. Zions Bancorporation N.A. purchased a new stake in First Trust Indxx NextG ETF during the 2nd quarter worth about $33,000. ICA Group Wealth Management LLC purchased a new stake in shares of First Trust Indxx NextG ETF during the fourth quarter worth about $131,000. Kingswood Wealth Advisors LLC acquired a new position in shares of First Trust Indxx NextG ETF in the first quarter valued at approximately $201,000. MONECO Advisors LLC purchased a new position in shares of First Trust Indxx NextG ETF during the second quarter valued at approximately $246,000. Finally, CoreCap Advisors LLC acquired a new stake in First Trust Indxx NextG ETF during the second quarter worth approximately $351,000.

First Trust Indxx NextG ETF Stock Performance

NXTG stock opened at $87.31 on Friday. First Trust Indxx NextG ETF has a one year low of $64.46 and a one year high of $88.84. The stock has a market capitalization of $384.16 million, a P/E ratio of 18.31 and a beta of 0.89. The company has a 50 day moving average price of $84.45 and a two-hundred day moving average price of $81.39.

First Trust Indxx NextG ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were paid a $0.4009 dividend. The ex-dividend date was Thursday, September 26th. This represents a $1.60 annualized dividend and a yield of 1.84%.

First Trust Indxx NextG ETF Company Profile

The First Trust IndXX NextG ETF (NXTG) is an exchange-traded fund that is based on the Indxx 5G & NextG Thematic index. The fund tracks a tiered-weighted index of global equities related to next generation digital cellular technologies. NXTG was launched on Feb 17, 2011 and is managed by First Trust.