Alaska Permanent Capital Management LLC Takes $6.47 Million Position in First Trust Nasdaq Semiconductor ETF $FTXL

Alaska Permanent Capital Management LLC purchased a new position in First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 43,773 shares of the company’s stock, valued at approximately $6,466,000. First Trust Nasdaq Semiconductor ETF makes up approximately 0.5% of Alaska Permanent Capital Management LLC’s portfolio, making the stock its 20th largest holding. Alaska Permanent Capital Management LLC owned 0.42% of First Trust Nasdaq Semiconductor ETF at the end of the most recent quarter.

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

First Trust Nasdaq Semiconductor ETF Stock Performance

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

First Trust Nasdaq Semiconductor ETF Increases Dividend

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

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.