Tudor Financial Inc. Makes New Investment in First Trust Nasdaq Semiconductor ETF $FTXL

Tudor Financial Inc. acquired a new position in First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 6,683 shares of the company’s stock, valued at approximately $866,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of FTXL. Ameriprise Financial Inc. acquired a new position in First Trust Nasdaq Semiconductor ETF in the second quarter worth $245,000. Geneos Wealth Management Inc. boosted its stake in First Trust Nasdaq Semiconductor ETF by 123.4% in the second quarter. Geneos Wealth Management Inc. now owns 3,362 shares of the company’s stock worth $323,000 after purchasing an additional 1,857 shares in the last quarter. B. Riley Wealth Advisors Inc. acquired a new position in shares of First Trust Nasdaq Semiconductor ETF during the second quarter valued at $243,000. Oppenheimer & Co. Inc. lifted its stake in shares of First Trust Nasdaq Semiconductor ETF by 2.7% during the third quarter. Oppenheimer & Co. Inc. now owns 11,238 shares of the company’s stock valued at $1,257,000 after acquiring an additional 292 shares during the period. Finally, Wealthcare Advisory Partners LLC acquired a new position in shares of First Trust Nasdaq Semiconductor ETF during the third quarter valued at $274,000.

First Trust Nasdaq Semiconductor ETF Stock Up 2.3%

Shares of FTXL opened at $270.02 on Friday. First Trust Nasdaq Semiconductor ETF has a 12-month low of $88.79 and a 12-month high of $280.96. The firm has a market capitalization of $2.78 billion, a PE ratio of 28.27 and a beta of 1.73. The stock’s fifty day simple moving average is $221.61 and its 200-day simple moving average is $171.15.

First Trust Nasdaq Semiconductor ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Thursday, March 26th were paid a dividend of $0.0131 per share. This represents a $0.05 annualized dividend and a dividend yield of 0.0%. The ex-dividend date of this dividend was Thursday, March 26th.

First Trust Nasdaq Semiconductor ETF Company 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.