First Trust Nasdaq Semiconductor ETF $FTXL Shares Acquired by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. increased its stake in First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) by 299.7% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 44,920 shares of the company’s stock after acquiring an additional 33,682 shares during the quarter. Oppenheimer & Co. Inc. owned approximately 0.44% of First Trust Nasdaq Semiconductor ETF worth $5,819,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the stock. Sound Income Strategies LLC acquired a new position in First Trust Nasdaq Semiconductor ETF in the fourth quarter worth approximately $1,277,000. Ethos Financial Group LLC acquired a new position in First Trust Nasdaq Semiconductor ETF in the third quarter worth approximately $951,000. Global View Capital Management LLC acquired a new position in First Trust Nasdaq Semiconductor ETF in the fourth quarter worth approximately $785,000. Trust Co. of Oklahoma acquired a new position in First Trust Nasdaq Semiconductor ETF in the fourth quarter worth approximately $1,399,000. Finally, Davis Investment Partners LLC acquired a new position in First Trust Nasdaq Semiconductor ETF in the fourth quarter worth approximately $1,322,000.

First Trust Nasdaq Semiconductor ETF Stock Performance

NASDAQ:FTXL opened at $215.88 on Friday. The company has a market capitalization of $2.22 billion, a P/E ratio of 28.27 and a beta of 1.69. The stock’s 50 day moving average price is $165.10 and its 200 day moving average price is $145.26. First Trust Nasdaq Semiconductor ETF has a 52 week low of $74.40 and a 52 week high of $216.08.

First Trust Nasdaq Semiconductor ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th were given a dividend of $0.0131 per share. The ex-dividend date of this dividend was Thursday, March 26th. This represents a $0.05 dividend on an annualized basis and a yield of 0.0%.

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.