Tudor Financial Inc. Buys 20,282 Shares of First Trust Nasdaq Transportation ETF $FTXR

Tudor Financial Inc. boosted its stake in First Trust Nasdaq Transportation ETF (NASDAQ:FTXR) by 1,108.9% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 22,111 shares of the company’s stock after acquiring an additional 20,282 shares during the period. Tudor Financial Inc.’s holdings in First Trust Nasdaq Transportation ETF were worth $1,008,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. First Trust Advisors LP bought a new position in First Trust Nasdaq Transportation ETF during the 1st quarter worth approximately $669,272,000. NewEdge Advisors LLC increased its position in shares of First Trust Nasdaq Transportation ETF by 31,579.5% during the first quarter. NewEdge Advisors LLC now owns 383,005 shares of the company’s stock worth $14,596,000 after buying an additional 381,796 shares during the period. Royal Bank of Canada increased its position in shares of First Trust Nasdaq Transportation ETF by 5,525.7% during the first quarter. Royal Bank of Canada now owns 148,125 shares of the company’s stock worth $5,645,000 after buying an additional 145,492 shares during the period. Goldman Sachs Group Inc. increased its position in shares of First Trust Nasdaq Transportation ETF by 16.2% during the fourth quarter. Goldman Sachs Group Inc. now owns 132,402 shares of the company’s stock worth $5,131,000 after buying an additional 18,497 shares during the period. Finally, Davis Investment Partners LLC bought a new position in First Trust Nasdaq Transportation ETF during the first quarter worth $1,243,000.

First Trust Nasdaq Transportation ETF Stock Up 1.4%

FTXR stock opened at $43.62 on Friday. The firm has a market cap of $1.03 billion, a price-to-earnings ratio of 11.80 and a beta of 1.29. First Trust Nasdaq Transportation ETF has a 12-month low of $33.62 and a 12-month high of $46.17. The company’s fifty day simple moving average is $44.79 and its 200 day simple moving average is $42.58.

First Trust Nasdaq Transportation ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were issued a dividend of $0.1268 per share. This represents a $0.51 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date was Thursday, June 25th. This is an increase from First Trust Nasdaq Transportation ETF’s previous quarterly dividend of $0.03.

First Trust Nasdaq Transportation ETF Company Profile

The First Trust Nasdaq Transportation ETF (FTXR) is an exchange-traded fund that is based on the Nasdaq US Smart Transportation index. The fund tracks an index composed of 30 US transportation companies. Holdings are selected by liquidity and weighted based on volatility, value and growth factors. FTXR was launched on Sep 20, 2016 and is managed by First Trust.