Alaska Wealth Advisors LLC Takes $1.99 Million Position in First Trust Nasdaq Semiconductor ETF $FTXL

Alaska Wealth Advisors LLC purchased a new stake in First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) during the first quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 13,467 shares of the company’s stock, valued at approximately $1,986,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. First Trust Advisors LP purchased a new position in First Trust Nasdaq Semiconductor ETF in the fourth quarter worth approximately $735,882,000. Morgan Stanley lifted its holdings in First Trust Nasdaq Semiconductor ETF by 57.6% during the 4th quarter. Morgan Stanley now owns 487,464 shares of the company’s stock worth $63,144,000 after buying an additional 178,099 shares during the last quarter. Wells Fargo & Company MN boosted its position in shares of First Trust Nasdaq Semiconductor ETF by 238.2% during the 4th quarter. Wells Fargo & Company MN now owns 352,977 shares of the company’s stock worth $45,723,000 after acquiring an additional 248,623 shares in the last quarter. LPL Financial LLC boosted its position in shares of First Trust Nasdaq Semiconductor ETF by 33.1% during the 4th quarter. LPL Financial LLC now owns 237,472 shares of the company’s stock worth $30,761,000 after acquiring an additional 59,001 shares in the last quarter. Finally, Nilsine Partners LLC boosted its position in shares of First Trust Nasdaq Semiconductor ETF by 4,499.8% during the 4th quarter. Nilsine Partners LLC now owns 175,114 shares of the company’s stock worth $22,683,000 after acquiring an additional 171,307 shares in the last quarter.

First Trust Nasdaq Semiconductor ETF Stock Performance

FTXL opened at $266.78 on Thursday. First Trust Nasdaq Semiconductor ETF has a one year low of $93.61 and a one year high of $297.36. The company has a market cap of $2.75 billion, a P/E ratio of 28.27 and a beta of 1.73. The business’s 50-day simple moving average is $249.35 and its 200-day simple moving average is $185.21.

First Trust Nasdaq Semiconductor ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were issued a $0.0356 dividend. This represents a $0.14 dividend on an annualized basis and a yield of 0.1%. This is a positive change from First Trust Nasdaq Semiconductor ETF’s previous quarterly dividend of $0.01. The ex-dividend date of this dividend was Thursday, June 25th.

First Trust Nasdaq Semiconductor ETF Company 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.