Sigma Planning Corp Makes New Investment in First Trust Nasdaq Semiconductor ETF $FTXL

Sigma Planning Corp acquired a new stake in First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 4,304 shares of the company’s stock, valued at approximately $635,000.

A number of other hedge funds and other institutional investors have also modified their holdings of FTXL. First Trust Advisors LP acquired a new position in shares of First Trust Nasdaq Semiconductor ETF during the fourth quarter worth $735,882,000. Wells Fargo & Company MN increased its holdings in First Trust Nasdaq Semiconductor ETF by 238.2% in the fourth quarter. Wells Fargo & Company MN now owns 352,977 shares of the company’s stock valued at $45,723,000 after buying an additional 248,623 shares during the last quarter. Morgan Stanley raised its stake in First Trust Nasdaq Semiconductor ETF by 57.6% in the fourth quarter. Morgan Stanley now owns 487,464 shares of the company’s stock valued at $63,144,000 after buying an additional 178,099 shares in the last quarter. Nilsine Partners LLC raised its stake in First Trust Nasdaq Semiconductor ETF by 4,499.8% in the fourth quarter. Nilsine Partners LLC now owns 175,114 shares of the company’s stock valued at $22,683,000 after buying an additional 171,307 shares in the last quarter. Finally, Advisory Services Network LLC lifted its holdings in First Trust Nasdaq Semiconductor ETF by 6,464.4% during the 4th quarter. Advisory Services Network LLC now owns 149,734 shares of the company’s stock worth $19,396,000 after buying an additional 147,453 shares during the last quarter.

First Trust Nasdaq Semiconductor ETF Stock Performance

NASDAQ:FTXL opened at $226.74 on Monday. The stock has a 50-day simple moving average of $257.10 and a 200-day simple moving average of $195.03. The stock has a market cap of $2.18 billion, a P/E ratio of 28.27 and a beta of 1.71. First Trust Nasdaq Semiconductor ETF has a 1 year low of $93.61 and a 1 year high of $297.36.

First Trust Nasdaq Semiconductor ETF Increases Dividend

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

First Trust Nasdaq Semiconductor ETF Company 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.