L.M. Kohn & Company Decreases Position in First Trust Nasdaq Semiconductor ETF $FTXL

L.M. Kohn & Company trimmed its position in shares of First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) by 9.5% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 3,977 shares of the company’s stock after selling 416 shares during the quarter. L.M. Kohn & Company’s holdings in First Trust Nasdaq Semiconductor ETF were worth $382,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the company. Harbour Investments Inc. boosted its position in First Trust Nasdaq Semiconductor ETF by 3.5% during the second quarter. Harbour Investments Inc. now owns 31,960 shares of the company’s stock worth $3,066,000 after purchasing an additional 1,095 shares in the last quarter. Grimes & Company Inc. purchased a new stake in shares of First Trust Nasdaq Semiconductor ETF in the second quarter valued at $8,648,000. Ameritas Advisory Services LLC purchased a new stake in shares of First Trust Nasdaq Semiconductor ETF in the second quarter valued at $30,000. GAMMA Investing LLC purchased a new stake in shares of First Trust Nasdaq Semiconductor ETF in the second quarter valued at $26,000. Finally, Legacy Wealth Managment LLC ID lifted its position in shares of First Trust Nasdaq Semiconductor ETF by 13.2% in the first quarter. Legacy Wealth Managment LLC ID now owns 3,650 shares of the company’s stock valued at $276,000 after acquiring an additional 426 shares in the last quarter.

First Trust Nasdaq Semiconductor ETF Stock Up 1.4%

Shares of NASDAQ:FTXL opened at $128.16 on Thursday. First Trust Nasdaq Semiconductor ETF has a 52-week low of $59.72 and a 52-week high of $129.89. The stock’s fifty day simple moving average is $110.34 and its 200-day simple moving average is $96.36. The company has a market capitalization of $358.85 million, a P/E ratio of 28.27 and a beta of 1.41.

First Trust Nasdaq Semiconductor ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Thursday, September 25th were given a $0.0768 dividend. This represents a $0.31 annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Thursday, September 25th.

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.