First Trust Nasdaq Semiconductor ETF Announces Quarterly Dividend of $0.01 (NASDAQ:FTXL)

First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) declared a quarterly dividend on Wednesday, March 25th, NASDAQ Dividends reports. Investors of record on Thursday, March 26th will be given a dividend of 0.0131 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a yield of 0.0%. The ex-dividend date of this dividend is Thursday, March 26th.

First Trust Nasdaq Semiconductor ETF Stock Performance

NASDAQ FTXL traded down $7.14 on Thursday, reaching $148.06. 167,569 shares of the company’s stock traded hands, compared to its average volume of 180,127. First Trust Nasdaq Semiconductor ETF has a fifty-two week low of $59.72 and a fifty-two week high of $163.32. The firm has a market cap of $1.53 billion, a price-to-earnings ratio of 28.27 and a beta of 1.41. The stock has a 50 day moving average price of $153.02 and a 200-day moving average price of $133.29.

Institutional Trading of First Trust Nasdaq Semiconductor ETF

A number of hedge funds have recently modified their holdings of the stock. Rockefeller Capital Management L.P. grew its holdings in First Trust Nasdaq Semiconductor ETF by 367.2% during the fourth quarter. Rockefeller Capital Management L.P. now owns 15,380 shares of the company’s stock worth $1,992,000 after acquiring an additional 12,088 shares during the period. World Investment Advisors acquired a new position in First Trust Nasdaq Semiconductor ETF in the fourth quarter valued at approximately $5,024,000. NewEdge Advisors LLC lifted its holdings in First Trust Nasdaq Semiconductor ETF by 1,454.9% in the fourth quarter. NewEdge Advisors LLC now owns 136,707 shares of the company’s stock valued at $17,708,000 after acquiring an additional 127,915 shares during the period. Claro Advisors Inc. purchased a new stake in First Trust Nasdaq Semiconductor ETF in the 4th quarter worth approximately $334,000. Finally, Kovack Advisors Inc. purchased a new stake in First Trust Nasdaq Semiconductor ETF in the 4th quarter worth approximately $1,015,000.

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.