Royal Bank of Canada Has $16.45 Million Stock Holdings in First Trust Nasdaq Semiconductor ETF $FTXL

Royal Bank of Canada grew its stake in First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) by 84.1% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 111,553 shares of the company’s stock after acquiring an additional 50,964 shares during the period. Royal Bank of Canada’s holdings in First Trust Nasdaq Semiconductor ETF were worth $16,451,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Byrne Financial Freedom LLC bought a new stake in shares of First Trust Nasdaq Semiconductor ETF during the 4th quarter worth approximately $427,000. World Investment Advisors acquired a new position in First Trust Nasdaq Semiconductor ETF during the fourth quarter worth $5,023,000. D.A. Davidson & CO. acquired a new position in First Trust Nasdaq Semiconductor ETF during the fourth quarter worth $1,954,000. TriaGen Wealth Management LLC bought a new stake in First Trust Nasdaq Semiconductor ETF during the fourth quarter worth $2,258,000. Finally, WCG Wealth Advisors LLC bought a new stake in First Trust Nasdaq Semiconductor ETF during the fourth quarter worth $16,521,000.

First Trust Nasdaq Semiconductor ETF Price Performance

Shares of FTXL stock opened at $230.55 on Friday. The stock has a market cap of $1.42 billion, a P/E ratio of 28.27 and a beta of 1.74. The company has a fifty day moving average price of $251.87 and a two-hundred day moving average price of $203.50. First Trust Nasdaq Semiconductor ETF has a one year low of $95.16 and a one year high of $297.36.

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 paid a $0.0356 dividend. This is an increase from First Trust Nasdaq Semiconductor ETF’s previous quarterly dividend of $0.01. The ex-dividend date was Thursday, June 25th. This represents a $0.14 annualized dividend and a yield of 0.1%.

First Trust Nasdaq Semiconductor ETF Profile

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.