Rockefeller Capital Management L.P. Acquires 4,122 Shares of First Trust Indxx NextG ETF $NXTG

Rockefeller Capital Management L.P. raised its holdings in First Trust Indxx NextG ETF (NASDAQ:NXTG) by 468.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 5,001 shares of the company’s stock after buying an additional 4,122 shares during the period. Rockefeller Capital Management L.P. owned about 0.13% of First Trust Indxx NextG ETF worth $539,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the business. Russell Investments Group Ltd. raised its holdings in shares of First Trust Indxx NextG ETF by 1,966.7% in the 3rd quarter. Russell Investments Group Ltd. now owns 248 shares of the company’s stock worth $26,000 after acquiring an additional 236 shares during the last quarter. Arax Advisory Partners acquired a new position in First Trust Indxx NextG ETF during the 4th quarter valued at about $53,000. Geneos Wealth Management Inc. boosted its stake in First Trust Indxx NextG ETF by 200.0% during the 2nd quarter. Geneos Wealth Management Inc. now owns 651 shares of the company’s stock valued at $63,000 after purchasing an additional 434 shares during the last quarter. Sound Income Strategies LLC bought a new stake in First Trust Indxx NextG ETF during the 4th quarter worth approximately $102,000. Finally, JPMorgan Chase & Co. increased its holdings in First Trust Indxx NextG ETF by 16.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 1,170 shares of the company’s stock worth $114,000 after purchasing an additional 169 shares in the last quarter.

First Trust Indxx NextG ETF Stock Down 0.4%

Shares of First Trust Indxx NextG ETF stock opened at $147.48 on Friday. First Trust Indxx NextG ETF has a 52 week low of $95.47 and a 52 week high of $167.58. The business has a 50 day moving average price of $149.39 and a 200-day moving average price of $126.69. The company has a market cap of $545.68 million, a PE ratio of 22.81 and a beta of 1.03.

First Trust Indxx NextG ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were given a dividend of $0.5768 per share. The ex-dividend date was Thursday, June 25th. This is an increase from First Trust Indxx NextG ETF’s previous quarterly dividend of $0.23. This represents a $2.31 annualized dividend and a yield of 1.6%.

About First Trust Indxx NextG ETF

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.