MinichMacGregor Wealth Management LLC bought a new stake in First Trust Nasdaq Transportation ETF (NASDAQ:FTXR – Free Report) in the first quarter, HoldingsChannel reports. The fund bought 17,225 shares of the company’s stock, valued at approximately $656,000.
A number of other hedge funds have also recently added to or reduced their stakes in FTXR. Maridea Wealth Management LLC acquired a new position in First Trust Nasdaq Transportation ETF during the fourth quarter worth approximately $1,639,000. Davis Investment Partners LLC acquired a new stake in shares of First Trust Nasdaq Transportation ETF in the first quarter valued at approximately $1,243,000. Trust Co. of Oklahoma acquired a new stake in shares of First Trust Nasdaq Transportation ETF in the first quarter valued at approximately $718,000. Goldman Sachs Group Inc. grew its position in shares of First Trust Nasdaq Transportation ETF by 16.2% during the fourth quarter. Goldman Sachs Group Inc. now owns 132,402 shares of the company’s stock worth $5,131,000 after acquiring an additional 18,497 shares during the last quarter. Finally, Raymond James Financial Inc. purchased a new position in shares of First Trust Nasdaq Transportation ETF during the second quarter worth approximately $527,000.
First Trust Nasdaq Transportation ETF Price Performance
Shares of First Trust Nasdaq Transportation ETF stock opened at $44.62 on Thursday. The firm’s fifty day simple moving average is $42.74 and its 200-day simple moving average is $40.90. The stock has a market capitalization of $1.01 billion, a price-to-earnings ratio of 11.80 and a beta of 1.28. First Trust Nasdaq Transportation ETF has a 12 month low of $31.14 and a 12 month high of $46.17.
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.
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Want to see what other hedge funds are holding FTXR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Nasdaq Transportation ETF (NASDAQ:FTXR – Free Report).
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