Members Advisory Group LLC Purchases Shares of 7,577 First Trust Nasdaq Semiconductor ETF $FTXL

Members Advisory Group LLC acquired a new stake in First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 7,577 shares of the company’s stock, valued at approximately $1,117,000. First Trust Nasdaq Semiconductor ETF comprises approximately 0.4% of Members Advisory Group LLC’s investment portfolio, making the stock its 27th largest position. Members Advisory Group LLC owned 0.07% of First Trust Nasdaq Semiconductor ETF at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Hilton Head Capital Partners LLC acquired a new position in shares of First Trust Nasdaq Semiconductor ETF in the fourth quarter valued at approximately $26,000. Flagship Harbor Advisors LLC acquired a new stake in First Trust Nasdaq Semiconductor ETF during the 4th quarter worth approximately $47,000. NBC Securities Inc. lifted its holdings in First Trust Nasdaq Semiconductor ETF by 27.9% during the 4th quarter. NBC Securities Inc. now owns 394 shares of the company’s stock worth $51,000 after purchasing an additional 86 shares during the last quarter. AlphaCore Capital LLC bought a new stake in First Trust Nasdaq Semiconductor ETF in the 4th quarter valued at $80,000. Finally, HBK Sorce Advisory LLC bought a new stake in First Trust Nasdaq Semiconductor ETF in the 4th quarter valued at $177,000.

First Trust Nasdaq Semiconductor ETF Price Performance

FTXL stock opened at $241.20 on Thursday. The stock has a market capitalization of $2.34 billion, a price-to-earnings ratio of 28.27 and a beta of 1.71. The business’s fifty day moving average price is $257.37 and its two-hundred day moving average price is $193.67. First Trust Nasdaq Semiconductor ETF has a fifty-two week low of $93.61 and a fifty-two week high of $297.36.

First Trust Nasdaq Semiconductor ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were paid a $0.0356 dividend. This represents a $0.14 annualized dividend and a dividend yield of 0.1%. This is a boost from First Trust Nasdaq Semiconductor ETF’s previous quarterly dividend of $0.01. The ex-dividend date was Thursday, June 25th.

About First Trust Nasdaq Semiconductor ETF

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.