OneAscent Financial Services LLC Invests $650,000 in First Trust Nasdaq Bank ETF (NASDAQ:FTXO)

OneAscent Financial Services LLC purchased a new stake in First Trust Nasdaq Bank ETF (NASDAQ:FTXO) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 20,448 shares of the company’s stock, valued at approximately $650,000. OneAscent Financial Services LLC owned approximately 0.30% of First Trust Nasdaq Bank ETF as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also bought and sold shares of the company. D.A. Davidson & CO. grew its position in shares of First Trust Nasdaq Bank ETF by 7.9% during the 3rd quarter. D.A. Davidson & CO. now owns 8,154 shares of the company’s stock worth $237,000 after purchasing an additional 600 shares in the last quarter. Jane Street Group LLC acquired a new stake in First Trust Nasdaq Bank ETF during the third quarter worth approximately $271,000. International Assets Investment Management LLC acquired a new stake in First Trust Nasdaq Bank ETF during the fourth quarter worth approximately $238,000. HBW Advisory Services LLC increased its stake in First Trust Nasdaq Bank ETF by 4.6% during the 4th quarter. HBW Advisory Services LLC now owns 7,807 shares of the company’s stock worth $248,000 after acquiring an additional 345 shares during the period. Finally, Park Avenue Securities LLC acquired a new position in First Trust Nasdaq Bank ETF in the 4th quarter valued at $642,000.

First Trust Nasdaq Bank ETF Stock Performance

FTXO opened at $30.63 on Thursday. First Trust Nasdaq Bank ETF has a 52-week low of $24.72 and a 52-week high of $35.58. The firm has a market cap of $209.82 million, a P/E ratio of 12.83 and a beta of 1.11. The business’s fifty day moving average is $32.27 and its 200-day moving average is $32.00.

First Trust Nasdaq Bank 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 issued a $0.1207 dividend. This represents a $0.48 annualized dividend and a yield of 1.58%. The ex-dividend date was Thursday, March 27th.

First Trust Nasdaq Bank ETF Profile

The First Trust Nasdaq Bank ETF (FTXO) is an exchange-traded fund that is based on the NASDAQ US Banks index. The fund tracks an index composed of the most liquid US banking companies. Holdings are selected by their liquidity, and weighted based on volatility, value, and growth factors. FTXO was launched on Sep 20, 2016 and is managed by First Trust.