The Manufacturers Life Insurance Company Makes New $636,000 Investment in First Trust Nasdaq Semiconductor ETF $FTXL

The Manufacturers Life Insurance Company acquired a new position in shares of First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 4,310 shares of the company’s stock, valued at approximately $636,000.

Several other large investors have also modified their holdings of the stock. First Trust Advisors LP acquired a new stake in First Trust Nasdaq Semiconductor ETF during the 4th quarter worth $735,882,000. Wells Fargo & Company MN boosted its stake in First Trust Nasdaq Semiconductor ETF by 238.2% in the fourth quarter. Wells Fargo & Company MN now owns 352,977 shares of the company’s stock valued at $45,723,000 after acquiring an additional 248,623 shares in the last quarter. Morgan Stanley boosted its stake in First Trust Nasdaq Semiconductor ETF by 57.6% in the fourth quarter. Morgan Stanley now owns 487,464 shares of the company’s stock valued at $63,144,000 after acquiring an additional 178,099 shares in the last quarter. Advisory Services Network LLC grew its holdings in shares of First Trust Nasdaq Semiconductor ETF by 6,464.4% during the fourth quarter. Advisory Services Network LLC now owns 149,734 shares of the company’s stock worth $19,396,000 after purchasing an additional 147,453 shares during the last quarter. Finally, NewEdge Advisors LLC grew its holdings in shares of First Trust Nasdaq Semiconductor ETF by 1,454.9% during the fourth quarter. NewEdge Advisors LLC now owns 136,707 shares of the company’s stock worth $17,708,000 after purchasing an additional 127,915 shares during the last quarter.

First Trust Nasdaq Semiconductor ETF Stock Performance

First Trust Nasdaq Semiconductor ETF stock opened at $239.81 on Friday. First Trust Nasdaq Semiconductor ETF has a fifty-two week low of $95.16 and a fifty-two week high of $297.36. The company has a market capitalization of $1.47 billion, a P/E ratio of 28.27 and a beta of 1.74. The stock has a 50-day simple moving average of $248.66 and a 200-day simple moving average of $206.69.

First Trust Nasdaq Semiconductor ETF Increases Dividend

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

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.