Twin Peaks Wealth Advisors LLC Boosts Stake in First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL)

Twin Peaks Wealth Advisors LLC grew its stake in First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) by 9.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,495 shares of the company’s stock after buying an additional 395 shares during the period. Twin Peaks Wealth Advisors LLC’s holdings in First Trust Nasdaq Semiconductor ETF were worth $315,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. NBC Securities Inc. raised its holdings in shares of First Trust Nasdaq Semiconductor ETF by 33,800.0% in the first quarter. NBC Securities Inc. now owns 339 shares of the company’s stock worth $25,000 after buying an additional 338 shares during the last quarter. SBI Securities Co. Ltd. purchased a new position in shares of First Trust Nasdaq Semiconductor ETF during the fourth quarter worth $39,000. Global Retirement Partners LLC raised its holdings in shares of First Trust Nasdaq Semiconductor ETF by 144.8% during the fourth quarter. Global Retirement Partners LLC now owns 617 shares of the company’s stock worth $54,000 after purchasing an additional 365 shares during the last quarter. Aptus Capital Advisors LLC raised its holdings in shares of First Trust Nasdaq Semiconductor ETF by 1,561.9% during the fourth quarter. Aptus Capital Advisors LLC now owns 2,443 shares of the company’s stock worth $213,000 after purchasing an additional 2,296 shares during the last quarter. Finally, Legacy Investment Solutions LLC raised its holdings in shares of First Trust Nasdaq Semiconductor ETF by 133.8% during the fourth quarter. Legacy Investment Solutions LLC now owns 3,224 shares of the company’s stock worth $281,000 after purchasing an additional 1,845 shares during the last quarter.

First Trust Nasdaq Semiconductor ETF Price Performance

Shares of First Trust Nasdaq Semiconductor ETF stock opened at $91.13 on Friday. The firm has a fifty day moving average price of $78.28 and a 200 day moving average price of $83.43. First Trust Nasdaq Semiconductor ETF has a 1 year low of $59.72 and a 1 year high of $107.74. The stock has a market cap of $268.83 million, a PE ratio of 24.31 and a beta of 1.29.

First Trust Nasdaq Semiconductor ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were issued a dividend of $0.0342 per share. The ex-dividend date of this dividend was Thursday, March 27th. This represents a $0.14 annualized dividend and a dividend yield of 0.15%.

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.