StoneX Group Inc. Buys 234 Shares of First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL)

StoneX Group Inc. raised its stake in First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) by 1.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 20,194 shares of the company’s stock after acquiring an additional 234 shares during the quarter. StoneX Group Inc.’s holdings in First Trust Nasdaq Semiconductor ETF were worth $1,884,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. International Assets Investment Management LLC bought a new stake in shares of First Trust Nasdaq Semiconductor ETF in the 2nd quarter worth approximately $51,000. GAMMA Investing LLC bought a new stake in shares of First Trust Nasdaq Semiconductor ETF in the third quarter valued at $54,000. Northwestern Mutual Wealth Management Co. lifted its position in shares of First Trust Nasdaq Semiconductor ETF by 24.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 940 shares of the company’s stock valued at $94,000 after buying an additional 185 shares during the last quarter. Comerica Bank grew its stake in shares of First Trust Nasdaq Semiconductor ETF by 30.5% during the 1st quarter. Comerica Bank now owns 1,754 shares of the company’s stock worth $159,000 after acquiring an additional 410 shares during the period. Finally, Concourse Financial Group Securities Inc. increased its holdings in First Trust Nasdaq Semiconductor ETF by 61.3% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 1,900 shares of the company’s stock worth $177,000 after acquiring an additional 722 shares during the last quarter.

First Trust Nasdaq Semiconductor ETF Stock Performance

Shares of First Trust Nasdaq Semiconductor ETF stock opened at $88.37 on Friday. The stock has a market capitalization of $1.36 billion, a P/E ratio of 24.77 and a beta of 1.29. First Trust Nasdaq Semiconductor ETF has a 52-week low of $71.23 and a 52-week high of $107.74. The stock’s 50-day simple moving average is $91.53 and its 200 day simple moving average is $93.55.

First Trust Nasdaq Semiconductor ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were paid a dividend of $0.1017 per share. This represents a $0.41 dividend on an annualized basis and a dividend yield of 0.46%. The ex-dividend date was Thursday, September 26th.

First Trust Nasdaq Semiconductor ETF 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.