Davis Investment Partners LLC Invests $1.32 Million in First Trust Nasdaq Semiconductor ETF $FTXL

Davis Investment Partners LLC purchased a new stake in shares of First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 9,721 shares of the company’s stock, valued at approximately $1,322,000. Davis Investment Partners LLC owned approximately 0.10% of First Trust Nasdaq Semiconductor ETF at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of FTXL. Ballew Advisors Inc boosted its holdings in First Trust Nasdaq Semiconductor ETF by 3.1% in the third quarter. Ballew Advisors Inc now owns 3,316 shares of the company’s stock worth $379,000 after purchasing an additional 100 shares in the last quarter. Outlook Wealth Advisors LLC raised its holdings in First Trust Nasdaq Semiconductor ETF by 0.7% during the third quarter. Outlook Wealth Advisors LLC now owns 21,036 shares of the company’s stock valued at $2,353,000 after buying an additional 153 shares in the last quarter. Ameriflex Group Inc. acquired a new stake in shares of First Trust Nasdaq Semiconductor ETF in the third quarter worth about $31,000. Oppenheimer & Co. Inc. boosted its stake in shares of First Trust Nasdaq Semiconductor ETF by 2.7% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 11,238 shares of the company’s stock worth $1,257,000 after acquiring an additional 292 shares in the last quarter. Finally, AE Wealth Management LLC boosted its stake in shares of First Trust Nasdaq Semiconductor ETF by 267.3% during the 3rd quarter. AE Wealth Management LLC now owns 764 shares of the company’s stock worth $85,000 after acquiring an additional 556 shares in the last quarter.

First Trust Nasdaq Semiconductor ETF Stock Performance

Shares of NASDAQ FTXL opened at $153.56 on Friday. The business’s 50-day simple moving average is $152.47 and its 200-day simple moving average is $131.56. First Trust Nasdaq Semiconductor ETF has a 52 week low of $59.72 and a 52 week high of $163.32. The firm has a market cap of $1.59 billion, a price-to-earnings ratio of 28.27 and a beta of 1.41.

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.