International Assets Investment Management LLC Makes New Investment in First Trust Nasdaq Food & Beverage ETF (NASDAQ:FTXG)

International Assets Investment Management LLC purchased a new position in shares of First Trust Nasdaq Food & Beverage ETF (NASDAQ:FTXG) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 25,109 shares of the company’s stock, valued at approximately $609,000. International Assets Investment Management LLC owned about 0.95% of First Trust Nasdaq Food & Beverage ETF at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. Commonwealth Retirement Investments LLC acquired a new stake in shares of First Trust Nasdaq Food & Beverage ETF during the 4th quarter worth about $289,000. Gateway Advisory LLC boosted its stake in shares of First Trust Nasdaq Food & Beverage ETF by 5.4% during the 3rd quarter. Gateway Advisory LLC now owns 77,997 shares of the company’s stock worth $1,847,000 after purchasing an additional 3,997 shares during the last quarter. Regal Investment Advisors LLC boosted its stake in shares of First Trust Nasdaq Food & Beverage ETF by 74.6% during the 3rd quarter. Regal Investment Advisors LLC now owns 25,960 shares of the company’s stock worth $615,000 after purchasing an additional 11,088 shares during the last quarter. Transatlantique Private Wealth LLC boosted its stake in shares of First Trust Nasdaq Food & Beverage ETF by 4.0% during the 3rd quarter. Transatlantique Private Wealth LLC now owns 50,761 shares of the company’s stock worth $1,202,000 after purchasing an additional 1,939 shares during the last quarter. Finally, Nilsine Partners LLC boosted its stake in shares of First Trust Nasdaq Food & Beverage ETF by 114.0% during the 3rd quarter. Nilsine Partners LLC now owns 348,302 shares of the company’s stock worth $8,248,000 after purchasing an additional 185,580 shares during the last quarter.

First Trust Nasdaq Food & Beverage ETF Stock Performance

FTXG opened at $24.72 on Thursday. The company’s 50 day simple moving average is $24.13 and its 200 day simple moving average is $23.74. First Trust Nasdaq Food & Beverage ETF has a 1 year low of $21.55 and a 1 year high of $27.98. The stock has a market capitalization of $54.38 million, a PE ratio of 18.61 and a beta of 0.60.

First Trust Nasdaq Food & Beverage ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 22nd were given a $0.0911 dividend. The ex-dividend date was Thursday, March 21st.

First Trust Nasdaq Food & Beverage ETF Company Profile

The First Trust Nasdaq Food & Beverage ETF (FTXG) is an exchange-traded fund that is based on the Nasdaq US Smart Food & Beverage index. The fund follows a liquidity-selected, multi-factor-weighted index of US food & beverage companies. FTXG was launched on Sep 20, 2016 and is managed by First Trust.