Davis Investment Partners LLC purchased a new stake in shares of First Trust Nasdaq Transportation ETF (NASDAQ:FTXR – Free Report) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 32,607 shares of the company’s stock, valued at approximately $1,243,000. Davis Investment Partners LLC owned approximately 0.14% of First Trust Nasdaq Transportation ETF as of its most recent SEC filing.
Other hedge funds have also modified their holdings of the company. Kestra Advisory Services LLC acquired a new stake in First Trust Nasdaq Transportation ETF during the fourth quarter valued at $57,000. Geneos Wealth Management Inc. increased its position in First Trust Nasdaq Transportation ETF by 200.0% in the 2nd quarter. Geneos Wealth Management Inc. now owns 1,800 shares of the company’s stock worth $57,000 after purchasing an additional 1,200 shares during the last quarter. Royal Bank of Canada increased its position in First Trust Nasdaq Transportation ETF by 38.2% in the 4th quarter. Royal Bank of Canada now owns 2,633 shares of the company’s stock worth $102,000 after purchasing an additional 728 shares during the last quarter. Truist Financial Corp purchased a new stake in shares of First Trust Nasdaq Transportation ETF during the 4th quarter worth about $200,000. Finally, MML Investors Services LLC purchased a new stake in shares of First Trust Nasdaq Transportation ETF during the 4th quarter worth about $235,000.
First Trust Nasdaq Transportation ETF Price Performance
Shares of First Trust Nasdaq Transportation ETF stock opened at $44.62 on Thursday. The firm has a market cap of $1.01 billion, a price-to-earnings ratio of 11.80 and a beta of 1.28. First Trust Nasdaq Transportation ETF has a 52-week low of $31.14 and a 52-week high of $46.17. The stock has a 50-day simple moving average of $42.74 and a 200-day simple moving average of $40.90.
About First Trust Nasdaq Transportation ETF
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.
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