World Investment Advisors Decreases Stake in First Trust Nasdaq Semiconductor ETF $FTXL

World Investment Advisors cut its holdings in shares of First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) by 10.2% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 34,813 shares of the company’s stock after selling 3,973 shares during the quarter. World Investment Advisors’ holdings in First Trust Nasdaq Semiconductor ETF were worth $5,134,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Byrne Financial Freedom LLC acquired a new position in shares of First Trust Nasdaq Semiconductor ETF during the 4th quarter worth approximately $427,000. Global View Capital Management LLC acquired a new stake in shares of First Trust Nasdaq Semiconductor ETF in the fourth quarter valued at approximately $785,000. D.A. Davidson & CO. acquired a new stake in shares of First Trust Nasdaq Semiconductor ETF in the fourth quarter valued at approximately $1,954,000. Trust Co. of Oklahoma purchased a new position in First Trust Nasdaq Semiconductor ETF during the fourth quarter worth approximately $1,399,000. Finally, Sound Income Strategies LLC purchased a new position in First Trust Nasdaq Semiconductor ETF during the fourth quarter worth approximately $1,277,000.

First Trust Nasdaq Semiconductor ETF Stock Performance

NASDAQ FTXL opened at $250.32 on Monday. The stock’s fifty day moving average is $251.65 and its two-hundred day moving average is $186.94. The firm has a market capitalization of $2.42 billion, a P/E ratio of 28.27 and a beta of 1.71. First Trust Nasdaq Semiconductor ETF has a fifty-two week low of $93.61 and a fifty-two week high of $297.36.

First Trust Nasdaq Semiconductor ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were issued a dividend of $0.0356 per share. The ex-dividend date was Thursday, June 25th. This represents a $0.14 annualized dividend and a dividend yield of 0.1%. This is a boost from First Trust Nasdaq Semiconductor ETF’s previous quarterly dividend of $0.01.

About First Trust Nasdaq Semiconductor ETF

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.