First Trust Nasdaq Semiconductor ETF $FTXL Shares Sold by Tudor Financial Inc.

Tudor Financial Inc. reduced its stake in First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) by 41.5% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 6,295 shares of the company’s stock after selling 4,470 shares during the quarter. Tudor Financial Inc.’s holdings in First Trust Nasdaq Semiconductor ETF were worth $1,794,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Hilton Head Capital Partners LLC purchased a new stake in First Trust Nasdaq Semiconductor ETF in the fourth quarter valued at approximately $26,000. Orion Capital Management LLC purchased a new position in shares of First Trust Nasdaq Semiconductor ETF during the second quarter worth $57,000. AlphaCore Capital LLC acquired a new stake in shares of First Trust Nasdaq Semiconductor ETF in the fourth quarter valued at $80,000. Sunbelt Securities Inc. acquired a new stake in shares of First Trust Nasdaq Semiconductor ETF in the first quarter valued at $94,000. Finally, First Heartland Consultants Inc. purchased a new stake in shares of First Trust Nasdaq Semiconductor ETF in the 2nd quarter valued at $346,000.

First Trust Nasdaq Semiconductor ETF Trading Up 0.3%

FTXL opened at $219.94 on Friday. The stock’s 50-day moving average price is $235.32 and its 200 day moving average price is $214.07. First Trust Nasdaq Semiconductor ETF has a 12-month low of $96.87 and a 12-month high of $297.36. The firm has a market cap of $1.35 billion, a price-to-earnings ratio of 28.27 and a beta of 1.74.

First Trust Nasdaq Semiconductor ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were paid a $0.0356 dividend. The ex-dividend date of this dividend 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 dividend yield of 0.1%.

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.