World Investment Advisors Buys Shares of 25,843 First Trust Nasdaq Transportation ETF $FTXR

World Investment Advisors bought a new stake in First Trust Nasdaq Transportation ETF (NASDAQ:FTXR) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 25,843 shares of the company’s stock, valued at approximately $985,000. World Investment Advisors owned about 0.12% of First Trust Nasdaq Transportation ETF at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. Kestra Advisory Services LLC acquired a new position in First Trust Nasdaq Transportation ETF in the fourth quarter valued at approximately $57,000. Geneos Wealth Management Inc. boosted its stake in First Trust Nasdaq Transportation ETF by 200.0% in the second quarter. Geneos Wealth Management Inc. now owns 1,800 shares of the company’s stock valued at $57,000 after acquiring an additional 1,200 shares during the last quarter. Royal Bank of Canada grew its holdings in First Trust Nasdaq Transportation ETF by 38.2% during the 4th quarter. Royal Bank of Canada now owns 2,633 shares of the company’s stock worth $102,000 after acquiring an additional 728 shares during the period. Truist Financial Corp acquired a new stake in First Trust Nasdaq Transportation ETF during the 4th quarter worth $200,000. Finally, MML Investors Services LLC bought a new stake in shares of First Trust Nasdaq Transportation ETF during the 4th quarter valued at $235,000.

First Trust Nasdaq Transportation ETF Stock Down 0.8%

FTXR stock opened at $44.51 on Thursday. First Trust Nasdaq Transportation ETF has a twelve month low of $31.39 and a twelve month high of $46.17. The company has a market cap of $1.07 billion, a P/E ratio of 11.80 and a beta of 1.28. The business’s fifty day moving average is $43.58 and its 200-day moving average is $41.35.

First Trust Nasdaq Transportation ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were paid a $0.1268 dividend. The ex-dividend date of this dividend was Thursday, June 25th. This is a positive change from First Trust Nasdaq Transportation ETF’s previous quarterly dividend of $0.03. This represents a $0.51 annualized dividend and a yield of 1.1%.

First Trust Nasdaq Transportation ETF Company Profile

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.