79,260 Shares of First Trust Nasdaq Semiconductor ETF $FTXL Acquired by GRIMES & Co WEALTH MANAGEMENT LLC

GRIMES & Co WEALTH MANAGEMENT LLC bought a new position in First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 79,260 shares of the company’s stock, valued at approximately $20,065,000.

Several other institutional investors have also made changes to their positions in FTXL. Global Assets Advisory LLC boosted its stake in First Trust Nasdaq Semiconductor ETF by 2.6% in the 3rd quarter. Global Assets Advisory LLC now owns 2,349 shares of the company’s stock worth $616,000 after purchasing an additional 60 shares during the period. Ballew Advisors Inc lifted its holdings in shares of First Trust Nasdaq Semiconductor ETF by 2.4% in the third quarter. Ballew Advisors Inc now owns 3,396 shares of the company’s stock valued at $894,000 after purchasing an additional 80 shares in the last quarter. Apollon Wealth Management LLC boosted its position in shares of First Trust Nasdaq Semiconductor ETF by 8.7% in the third quarter. Apollon Wealth Management LLC now owns 1,516 shares of the company’s stock worth $384,000 after buying an additional 121 shares during the period. Farther Finance Advisors LLC boosted its position in shares of First Trust Nasdaq Semiconductor ETF by 59.1% in the third quarter. Farther Finance Advisors LLC now owns 331 shares of the company’s stock worth $84,000 after buying an additional 123 shares during the period. Finally, Laurel Wealth Advisors LLC acquired a new stake in shares of First Trust Nasdaq Semiconductor ETF in the third quarter worth $37,000.

First Trust Nasdaq Semiconductor ETF Trading Down 3.5%

Shares of FTXL stock opened at $203.92 on Tuesday. First Trust Nasdaq Semiconductor ETF has a 1-year low of $110.24 and a 1-year high of $297.36. The company has a market capitalization of $1.04 billion, a price-to-earnings ratio of 28.27 and a beta of 1.75. The stock’s fifty day simple moving average is $234.00 and its 200-day simple moving average is $211.81.

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.