Benjamin Edwards Inc. Acquires 149,386 Shares of First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL)

Benjamin Edwards Inc. boosted its holdings in shares of First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) by 11,762.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 150,656 shares of the company’s stock after acquiring an additional 149,386 shares during the period. Benjamin Edwards Inc. owned approximately 0.98% of First Trust Nasdaq Semiconductor ETF worth $14,067,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in FTXL. FMR LLC lifted its holdings in shares of First Trust Nasdaq Semiconductor ETF by 81.1% in the third quarter. FMR LLC now owns 326 shares of the company’s stock valued at $30,000 after purchasing an additional 146 shares in the last quarter. International Assets Investment Management LLC bought a new stake in First Trust Nasdaq Semiconductor ETF during the second quarter worth about $51,000. GAMMA Investing LLC bought a new stake in First Trust Nasdaq Semiconductor ETF during the third quarter worth about $54,000. Northwestern Mutual Wealth Management Co. raised its holdings in First Trust Nasdaq Semiconductor ETF by 24.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 940 shares of the company’s stock worth $94,000 after acquiring an additional 185 shares in the last quarter. Finally, Comerica Bank raised its holdings in First Trust Nasdaq Semiconductor ETF by 30.5% during the first quarter. Comerica Bank now owns 1,754 shares of the company’s stock worth $159,000 after acquiring an additional 410 shares in the last quarter.

First Trust Nasdaq Semiconductor ETF Stock Performance

FTXL opened at $90.60 on Tuesday. First Trust Nasdaq Semiconductor ETF has a 52-week low of $71.23 and a 52-week high of $107.74. The firm has a market capitalization of $1.39 billion, a PE ratio of 24.77 and a beta of 1.29. The business’s 50-day simple moving average is $91.38 and its 200 day simple moving average is $93.56.

First Trust Nasdaq Semiconductor ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were given a $0.1017 dividend. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $0.41 dividend on an annualized basis and a dividend yield of 0.45%.

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.