Benjamin F. Edwards & Company Inc. Reduces Holdings in First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL)

Benjamin F. Edwards & Company Inc. lowered its position in First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) by 6.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 194,203 shares of the company’s stock after selling 13,507 shares during the quarter. Benjamin F. Edwards & Company Inc. owned 1.24% of First Trust Nasdaq Semiconductor ETF worth $15,833,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in FTXL. L.M. Kohn & Company lifted its position in shares of First Trust Nasdaq Semiconductor ETF by 7.6% during the third quarter. L.M. Kohn & Company now owns 3,863 shares of the company’s stock worth $261,000 after purchasing an additional 273 shares during the last quarter. Kovack Advisors Inc. grew its stake in shares of First Trust Nasdaq Semiconductor ETF by 3.8% in the fourth quarter. Kovack Advisors Inc. now owns 7,562 shares of the company’s stock worth $617,000 after purchasing an additional 277 shares in the last quarter. Realta Investment Advisors raised its position in shares of First Trust Nasdaq Semiconductor ETF by 5.3% during the 4th quarter. Realta Investment Advisors now owns 7,372 shares of the company’s stock worth $601,000 after buying an additional 371 shares in the last quarter. Turtle Creek Wealth Advisors LLC acquired a new stake in First Trust Nasdaq Semiconductor ETF in the fourth quarter worth approximately $37,000. Finally, Concentrum Wealth Management increased its position in shares of First Trust Nasdaq Semiconductor ETF by 5.3% during the 4th quarter. Concentrum Wealth Management now owns 13,856 shares of the company’s stock valued at $1,130,000 after purchasing an additional 699 shares during the period.

First Trust Nasdaq Semiconductor ETF Stock Performance

Shares of NASDAQ:FTXL traded up $1.63 during trading hours on Friday, hitting $87.09. 13,564 shares of the company’s stock traded hands, compared to its average volume of 101,803. The company’s fifty day simple moving average is $88.07 and its two-hundred day simple moving average is $80.33. The company has a market cap of $1.39 billion, a price-to-earnings ratio of 22.46 and a beta of 1.29. First Trust Nasdaq Semiconductor ETF has a 52 week low of $58.47 and a 52 week high of $95.48.

First Trust Nasdaq Semiconductor ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 22nd were paid a $0.0767 dividend. The ex-dividend date was Thursday, March 21st.

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.