NewSquare Capital LLC Sells 101,758 Shares of First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL)

NewSquare Capital LLC lessened its position in First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) by 36.3% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 178,690 shares of the company’s stock after selling 101,758 shares during the period. First Trust Nasdaq Semiconductor ETF makes up about 1.4% of NewSquare Capital LLC’s investment portfolio, making the stock its 14th biggest holding. NewSquare Capital LLC owned about 1.15% of First Trust Nasdaq Semiconductor ETF worth $14,569,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of FTXL. Turtle Creek Wealth Advisors LLC bought a new stake in First Trust Nasdaq Semiconductor ETF in the fourth quarter valued at approximately $37,000. NBC Securities Inc. bought a new stake in shares of First Trust Nasdaq Semiconductor ETF during the third quarter worth $160,000. L.M. Kohn & Company increased 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 acquiring an additional 273 shares in the last quarter. Twin Peaks Wealth Advisors LLC bought a new stake in shares of First Trust Nasdaq Semiconductor ETF during the fourth quarter worth $334,000. Finally, Apeiron RIA LLC bought a new stake in shares of First Trust Nasdaq Semiconductor ETF during the fourth quarter worth $339,000.

First Trust Nasdaq Semiconductor ETF Trading Up 1.8 %

Shares of FTXL stock traded up $1.47 during trading hours on Tuesday, hitting $82.54. 144,861 shares of the company were exchanged, compared to its average volume of 107,630. The business has a 50 day moving average of $87.92 and a two-hundred day moving average of $79.42. First Trust Nasdaq Semiconductor ETF has a 52 week low of $57.43 and a 52 week high of $95.48. The company has a market capitalization of $1.32 billion, a PE ratio of 22.46 and a beta of 1.71.

First Trust Nasdaq Semiconductor ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 22nd were given a dividend of $0.0767 per share. The ex-dividend date of this dividend 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.