Beto Financial Group LLC Takes Position in First Trust Nasdaq Semiconductor ETF $FTXL

Beto Financial Group LLC bought a new stake in First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) during the fourth quarter, Holdings Channel reports. The institutional investor bought 5,035 shares of the company’s stock, valued at approximately $652,000.

Other large investors also recently made changes to their positions in the company. Nilsine Partners LLC increased its holdings in First Trust Nasdaq Semiconductor ETF by 4,499.8% in the fourth quarter. Nilsine Partners LLC now owns 175,114 shares of the company’s stock worth $22,683,000 after buying an additional 171,307 shares during the last quarter. CWM LLC boosted its position in shares of First Trust Nasdaq Semiconductor ETF by 311.2% in the fourth quarter. CWM LLC now owns 56,375 shares of the company’s stock valued at $7,303,000 after acquiring an additional 42,666 shares during the period. Oppenheimer & Co. Inc. boosted its position in shares of First Trust Nasdaq Semiconductor ETF by 299.7% in the fourth quarter. Oppenheimer & Co. Inc. now owns 44,920 shares of the company’s stock valued at $5,819,000 after acquiring an additional 33,682 shares during the period. World Investment Advisors bought a new stake in shares of First Trust Nasdaq Semiconductor ETF in the fourth quarter valued at approximately $5,023,000. Finally, Benjamin Edwards Inc. boosted its position in shares of First Trust Nasdaq Semiconductor ETF by 45.0% in the fourth quarter. Benjamin Edwards Inc. now owns 38,221 shares of the company’s stock valued at $4,952,000 after acquiring an additional 11,855 shares during the period.

First Trust Nasdaq Semiconductor ETF Trading Down 0.1%

FTXL opened at $259.13 on Tuesday. First Trust Nasdaq Semiconductor ETF has a 1-year low of $82.20 and a 1-year high of $268.77. The stock has a market capitalization of $2.67 billion, a price-to-earnings ratio of 28.27 and a beta of 1.69. The business has a 50 day moving average of $201.49 and a 200-day moving average of $162.48.

First Trust Nasdaq Semiconductor ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Thursday, March 26th were given a $0.0131 dividend. This represents a $0.05 annualized dividend and a dividend yield of 0.0%. The ex-dividend date of this dividend was Thursday, March 26th.

About First Trust Nasdaq Semiconductor ETF

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.