Truist Financial Corp Has $10.84 Million Stake in First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL)

Truist Financial Corp lifted its holdings in shares of First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) by 1.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 108,540 shares of the company’s stock after purchasing an additional 1,301 shares during the quarter. Truist Financial Corp owned 0.68% of First Trust Nasdaq Semiconductor ETF worth $10,839,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the business. Cambridge Investment Research Advisors Inc. boosted its stake in First Trust Nasdaq Semiconductor ETF by 13.7% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 52,155 shares of the company’s stock worth $4,722,000 after purchasing an additional 6,295 shares during the period. BNP Paribas Financial Markets bought a new position in shares of First Trust Nasdaq Semiconductor ETF during the first quarter worth about $4,527,000. Brookstone Capital Management acquired a new stake in First Trust Nasdaq Semiconductor ETF in the 2nd quarter valued at approximately $269,000. Stifel Financial Corp lifted its stake in First Trust Nasdaq Semiconductor ETF by 26.4% in the 4th quarter. Stifel Financial Corp now owns 58,062 shares of the company’s stock valued at $4,734,000 after acquiring an additional 12,123 shares in the last quarter. Finally, International Assets Investment Management LLC acquired a new position in First Trust Nasdaq Semiconductor ETF during the 2nd quarter worth approximately $51,000.

First Trust Nasdaq Semiconductor ETF Trading Up 1.4 %

Shares of FTXL stock opened at $92.99 on Friday. The firm’s fifty day moving average price is $90.04 and its two-hundred day moving average price is $92.56. First Trust Nasdaq Semiconductor ETF has a 1 year low of $61.62 and a 1 year high of $107.74. The firm has a market capitalization of $1.44 billion, a P/E ratio of 24.77 and a beta of 1.29.

First Trust Nasdaq Semiconductor ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were issued a $0.1017 dividend. This represents a $0.41 annualized dividend and a dividend yield of 0.44%. The ex-dividend date of this dividend was Thursday, September 26th.

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.