First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) Shares Sold by Transamerica Financial Advisors Inc.

Transamerica Financial Advisors Inc. trimmed its position in First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) by 10.7% during the 3rd quarter, Holdings Channel.com reports. The fund owned 27,939 shares of the company’s stock after selling 3,351 shares during the period. Transamerica Financial Advisors Inc.’s holdings in First Trust Nasdaq Semiconductor ETF were worth $2,607,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in FTXL. Claro Advisors LLC increased its holdings in shares of First Trust Nasdaq Semiconductor ETF by 2,290.5% in the third quarter. Claro Advisors LLC now owns 76,617 shares of the company’s stock valued at $7,147,000 after purchasing an additional 73,412 shares during the period. Proactive Wealth Strategies LLC acquired a new stake in First Trust Nasdaq Semiconductor ETF during the 3rd quarter valued at approximately $2,484,000. Cetera Investment Advisers boosted its holdings in shares of First Trust Nasdaq Semiconductor ETF by 170.4% in the 1st quarter. Cetera Investment Advisers now owns 29,674 shares of the company’s stock valued at $2,687,000 after acquiring an additional 18,700 shares during the last quarter. Secure Asset Management LLC acquired a new stake in shares of First Trust Nasdaq Semiconductor ETF in the second quarter worth $1,043,000. Finally, Farther Finance Advisors LLC purchased a new position in shares of First Trust Nasdaq Semiconductor ETF during the third quarter worth $899,000.

First Trust Nasdaq Semiconductor ETF Stock Performance

NASDAQ FTXL traded down $0.47 on Tuesday, reaching $88.98. 2,013 shares of the company’s stock traded hands, compared to its average volume of 61,812. First Trust Nasdaq Semiconductor ETF has a fifty-two week low of $71.23 and a fifty-two week high of $107.74. The firm has a market cap of $1.37 billion, a price-to-earnings ratio of 24.77 and a beta of 1.29. The stock has a 50 day moving average price of $91.53 and a 200-day moving average price of $93.63.

First Trust Nasdaq Semiconductor ETF Cuts Dividend

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

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.