Sigma Planning Corp acquired a new stake in First Trust Indxx NextG ETF (NASDAQ:NXTG – Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 20,147 shares of the company’s stock, valued at approximately $3,102,000.
Other institutional investors and hedge funds have also modified their holdings of the company. Royal Bank of Canada raised its position in First Trust Indxx NextG ETF by 19.8% during the first quarter. Royal Bank of Canada now owns 79,842 shares of the company’s stock valued at $8,936,000 after acquiring an additional 13,201 shares in the last quarter. Kestra Advisory Services LLC lifted its holdings in First Trust Indxx NextG ETF by 1.1% in the first quarter. Kestra Advisory Services LLC now owns 64,687 shares of the company’s stock valued at $7,240,000 after acquiring an additional 681 shares during the period. Bank of America Corp DE lifted its holdings in First Trust Indxx NextG ETF by 2.6% in the first quarter. Bank of America Corp DE now owns 58,654 shares of the company’s stock valued at $6,565,000 after acquiring an additional 1,462 shares during the period. Private Advisor Group LLC boosted its position in First Trust Indxx NextG ETF by 2.3% in the 1st quarter. Private Advisor Group LLC now owns 21,098 shares of the company’s stock worth $2,361,000 after purchasing an additional 479 shares in the last quarter. Finally, NewEdge Advisors LLC boosted its position in First Trust Indxx NextG ETF by 0.4% in the 1st quarter. NewEdge Advisors LLC now owns 19,907 shares of the company’s stock worth $2,228,000 after purchasing an additional 87 shares in the last quarter.
First Trust Indxx NextG ETF Trading Up 0.8%
First Trust Indxx NextG ETF stock opened at $148.72 on Tuesday. The firm has a market cap of $542.83 million, a PE ratio of 22.81 and a beta of 1.05. First Trust Indxx NextG ETF has a 12 month low of $101.01 and a 12 month high of $167.58. The stock’s 50 day simple moving average is $153.34 and its two-hundred day simple moving average is $137.82.
First Trust Indxx NextG ETF Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Thursday, September 24th were issued a dividend of $0.6320 per share. This is a positive change from First Trust Indxx NextG ETF’s previous quarterly dividend of $0.5768. The ex-dividend date of this dividend was Thursday, September 24th. This represents a $2.53 annualized dividend and a dividend yield of 1.7%.
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.
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