Cetera Investment Advisers Has $10.34 Million Stock Holdings in First Trust Nasdaq Semiconductor ETF $FTXL

Cetera Investment Advisers reduced its stake in First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) by 9.6% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 70,125 shares of the company’s stock after selling 7,484 shares during the period. Cetera Investment Advisers’ holdings in First Trust Nasdaq Semiconductor ETF were worth $10,341,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. First Trust Advisors LP acquired a new position in First Trust Nasdaq Semiconductor ETF during the 4th quarter worth approximately $735,882,000. Wells Fargo & Company MN grew its stake 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 acquiring an additional 248,623 shares during the period. Morgan Stanley increased its holdings in shares of First Trust Nasdaq Semiconductor ETF by 57.6% during the fourth quarter. Morgan Stanley now owns 487,464 shares of the company’s stock valued at $63,144,000 after acquiring an additional 178,099 shares in the last quarter. Advisory Services Network LLC increased its holdings in shares of First Trust Nasdaq Semiconductor ETF by 6,464.4% during the fourth quarter. Advisory Services Network LLC now owns 149,734 shares of the company’s stock valued at $19,396,000 after acquiring an additional 147,453 shares in the last quarter. Finally, NewEdge Advisors LLC raised its position in shares of First Trust Nasdaq Semiconductor ETF by 1,454.9% during the fourth quarter. NewEdge Advisors LLC now owns 136,707 shares of the company’s stock worth $17,708,000 after purchasing an additional 127,915 shares during the period.

First Trust Nasdaq Semiconductor ETF Stock Up 8.9%

Shares of FTXL opened at $217.82 on Friday. First Trust Nasdaq Semiconductor ETF has a 12-month low of $93.61 and a 12-month high of $297.36. The business’s fifty day moving average is $254.82 and its 200 day moving average is $200.68. The stock has a market cap of $1.44 billion, a P/E ratio of 28.27 and a beta of 1.71.

First Trust Nasdaq Semiconductor ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were issued 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%.

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.