First PREMIER Bank Cuts Stock Position in First Trust Indxx NextG ETF (NASDAQ:NXTG)

First PREMIER Bank trimmed its position in First Trust Indxx NextG ETF (NASDAQ:NXTG) by 1.9% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 24,820 shares of the company’s stock after selling 470 shares during the period. First PREMIER Bank’s holdings in First Trust Indxx NextG ETF were worth $2,117,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of the company. First Horizon Advisors Inc. purchased a new position in shares of First Trust Indxx NextG ETF during the 3rd quarter worth approximately $44,000. Ameritas Advisory Services LLC lifted its holdings in First Trust Indxx NextG ETF by 7.1% in the fourth quarter. Ameritas Advisory Services LLC now owns 5,435 shares of the company’s stock valued at $464,000 after acquiring an additional 358 shares during the period. Arkadios Wealth Advisors boosted its position in shares of First Trust Indxx NextG ETF by 41.4% during the 3rd quarter. Arkadios Wealth Advisors now owns 6,699 shares of the company’s stock worth $585,000 after purchasing an additional 1,961 shares in the last quarter. Prospera Financial Services Inc grew its stake in shares of First Trust Indxx NextG ETF by 38.6% during the 3rd quarter. Prospera Financial Services Inc now owns 6,783 shares of the company’s stock worth $593,000 after purchasing an additional 1,889 shares during the period. Finally, International Assets Investment Management LLC purchased a new position in shares of First Trust Indxx NextG ETF in the 4th quarter valued at about $630,000.

First Trust Indxx NextG ETF Trading Up 0.5 %

NXTG stock opened at $88.43 on Thursday. The company’s 50-day moving average price is $85.76 and its 200 day moving average price is $85.26. First Trust Indxx NextG ETF has a 52 week low of $73.37 and a 52 week high of $88.84. The company has a market cap of $375.83 million, a P/E ratio of 18.31 and a beta of 0.89.

First Trust Indxx NextG ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were paid a dividend of $0.4269 per share. The ex-dividend date of this dividend was Friday, December 13th.

First Trust Indxx NextG ETF Profile

The First Trust IndXX NextG ETF (NXTG) is an exchange-traded fund that is based on the Indxx 5G & NextG Thematic index. The fund tracks a tiered-weighted index of global equities related to next generation digital cellular technologies. NXTG was launched on Feb 17, 2011 and is managed by First Trust.