Ballew Advisors Inc Raises Stock Holdings in First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL)

Ballew Advisors Inc boosted its holdings in shares of First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) by 40.7% during the fourth quarter, Holdings Channel reports. The firm owned 4,729 shares of the company’s stock after acquiring an additional 1,367 shares during the quarter. Ballew Advisors Inc’s holdings in First Trust Nasdaq Semiconductor ETF were worth $373,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Cambridge Investment Research Advisors Inc. increased its stake in shares of First Trust Nasdaq Semiconductor ETF by 20.4% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 17,119 shares of the company’s stock worth $1,205,000 after acquiring an additional 2,905 shares in the last quarter. Geneos Wealth Management Inc. increased its stake in shares of First Trust Nasdaq Semiconductor ETF by 72.2% during the first quarter. Geneos Wealth Management Inc. now owns 2,347 shares of the company’s stock valued at $165,000 after purchasing an additional 984 shares in the last quarter. Royal Bank of Canada lifted its holdings in shares of First Trust Nasdaq Semiconductor ETF by 196.1% during the first quarter. Royal Bank of Canada now owns 12,243 shares of the company’s stock valued at $862,000 after purchasing an additional 8,108 shares during the last quarter. Advisory Services Network LLC purchased a new position in shares of First Trust Nasdaq Semiconductor ETF during the first quarter valued at approximately $301,000. Finally, Credit Suisse AG purchased a new stake in shares of First Trust Nasdaq Semiconductor ETF in the 2nd quarter worth approximately $69,000.

First Trust Nasdaq Semiconductor ETF Trading Down 0.1 %

NASDAQ:FTXL traded down $0.09 during trading hours on Thursday, reaching $90.54. 29,737 shares of the company traded hands, compared to its average volume of 123,281. The business’s 50-day moving average price is $86.52 and its two-hundred day moving average price is $76.97. First Trust Nasdaq Semiconductor ETF has a 1 year low of $57.43 and a 1 year high of $95.48. The stock has a market capitalization of $1.41 billion, a P/E ratio of 19.68 and a beta of 1.29.

First Trust Nasdaq Semiconductor ETF Announces Dividend

The business also recently declared a dividend, which will be paid on Thursday, March 28th. Stockholders of record on Friday, March 22nd will be given a $0.0767 dividend. The ex-dividend date of this dividend is Thursday, March 21st.

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.