KKM Financial LLC Sells 4,080 Shares of First Trust Nasdaq Transportation ETF (NASDAQ:FTXR)

KKM Financial LLC decreased its position in First Trust Nasdaq Transportation ETF (NASDAQ:FTXR) by 39.1% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 6,344 shares of the company’s stock after selling 4,080 shares during the period. KKM Financial LLC owned approximately 0.67% of First Trust Nasdaq Transportation ETF worth $218,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. LPL Financial LLC boosted its holdings in shares of First Trust Nasdaq Transportation ETF by 21.2% in the fourth quarter. LPL Financial LLC now owns 49,950 shares of the company’s stock valued at $1,717,000 after buying an additional 8,721 shares during the period. Citadel Advisors LLC raised its holdings in shares of First Trust Nasdaq Transportation ETF by 38.2% during the fourth quarter. Citadel Advisors LLC now owns 22,871 shares of the company’s stock worth $786,000 after acquiring an additional 6,327 shares during the period. Signature Estate & Investment Advisors LLC bought a new stake in First Trust Nasdaq Transportation ETF in the 4th quarter valued at $203,000. Finally, Wells Fargo & Company MN boosted its stake in First Trust Nasdaq Transportation ETF by 1.9% in the 4th quarter. Wells Fargo & Company MN now owns 16,039 shares of the company’s stock worth $551,000 after purchasing an additional 304 shares during the period.

First Trust Nasdaq Transportation ETF Price Performance

FTXR opened at $29.98 on Friday. The company has a market capitalization of $26.98 million, a price-to-earnings ratio of 12.15 and a beta of 1.37. The business’s 50-day moving average price is $29.04 and its two-hundred day moving average price is $32.83. First Trust Nasdaq Transportation ETF has a 1 year low of $25.47 and a 1 year high of $37.32.

First Trust Nasdaq Transportation ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were paid a $0.1173 dividend. This represents a $0.47 annualized dividend and a yield of 1.57%. The ex-dividend date was Thursday, March 27th.

About First Trust Nasdaq Transportation ETF

The First Trust Nasdaq Transportation ETF (FTXR) is an exchange-traded fund that is based on the Nasdaq US Smart Transportation index. The fund tracks an index composed of 30 US transportation companies. Holdings are selected by liquidity and weighted based on volatility, value and growth factors. FTXR was launched on Sep 20, 2016 and is managed by First Trust.