First Trust Indxx NextG ETF $NXTG Shares Newly Bought by Sigma Planning Corp

Sigma Planning Corp acquired a new stake in First Trust Indxx NextG ETF (NASDAQ:NXTG) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 20,147 shares of the company’s stock, valued at approximately $3,102,000. Sigma Planning Corp owned 0.55% of First Trust Indxx NextG ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently modified their holdings of the company. Signaturefd LLC acquired a new position in First Trust Indxx NextG ETF in the 3rd quarter worth approximately $191,000. IFP Advisors Inc raised its position in First Trust Indxx NextG ETF by 20.7% during the 3rd quarter. IFP Advisors Inc now owns 893 shares of the company’s stock worth $137,000 after buying an additional 153 shares during the last quarter. Farther Finance Advisors LLC purchased a new position in First Trust Indxx NextG ETF during the 3rd quarter worth approximately $169,000. Sequoia Financial Advisors LLC purchased a new position in First Trust Indxx NextG ETF during the 2nd quarter worth approximately $239,000. Finally, Integrated Wealth Concepts LLC purchased a new position in First Trust Indxx NextG ETF during the 2nd quarter worth approximately $108,000.

First Trust Indxx NextG ETF Trading Up 0.8%

Shares of NASDAQ NXTG opened at $148.72 on Tuesday. First Trust Indxx NextG ETF has a 12 month low of $101.01 and a 12 month high of $167.58. The company has a 50 day simple moving average of $153.34 and a two-hundred day simple moving average of $137.82. The stock has a market cap of $542.83 million, a price-to-earnings ratio of 22.81 and a beta of 1.05.

First Trust Indxx NextG ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Thursday, September 24th were issued a dividend of $0.6320 per share. This represents a $2.53 annualized dividend and a dividend yield of 1.7%. This is a boost from First Trust Indxx NextG ETF’s previous quarterly dividend of $0.5768. The ex-dividend date of this dividend was Thursday, September 24th.

First Trust Indxx NextG ETF Profile

The First Trust IndXX NextG ETF (NXTG) is an exchange-traded fund that is based on the Indxx 5G & NextG Thematic index. The fund tracks a tiered-weighted index of global equities related to next generation digital cellular technologies. NXTG was launched on Feb 17, 2011 and is managed by First Trust.