First Trust Nasdaq Semiconductor ETF $FTXL Shares Sold by Paragon Private Wealth Management LLC

Paragon Private Wealth Management LLC lessened its holdings in shares of First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) by 7.9% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 28,128 shares of the company’s stock after selling 2,412 shares during the period. First Trust Nasdaq Semiconductor ETF accounts for approximately 2.1% of Paragon Private Wealth Management LLC’s investment portfolio, making the stock its 8th biggest holding. Paragon Private Wealth Management LLC owned approximately 0.46% of First Trust Nasdaq Semiconductor ETF worth $8,015,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Sound Income Strategies LLC increased its stake in First Trust Nasdaq Semiconductor ETF by 0.6% in the first quarter. Sound Income Strategies LLC now owns 9,922 shares of the company’s stock valued at $1,510,000 after purchasing an additional 61 shares during the last quarter. Twin Peaks Wealth Advisors LLC boosted its holdings in shares of First Trust Nasdaq Semiconductor ETF by 2.5% in the 4th quarter. Twin Peaks Wealth Advisors LLC now owns 4,608 shares of the company’s stock valued at $597,000 after buying an additional 113 shares in the last quarter. Davis Investment Partners LLC grew its position in shares of First Trust Nasdaq Semiconductor ETF by 1.8% in the 1st quarter. Davis Investment Partners LLC now owns 9,893 shares of the company’s stock valued at $1,459,000 after buying an additional 172 shares during the last quarter. Hilton Head Capital Partners LLC acquired a new stake in First Trust Nasdaq Semiconductor ETF during the 4th quarter worth $26,000. Finally, Orion Capital Management LLC purchased a new stake in First Trust Nasdaq Semiconductor ETF in the second quarter valued at $57,000.

First Trust Nasdaq Semiconductor ETF Price Performance

NASDAQ FTXL opened at $219.35 on Thursday. The company has a fifty day moving average of $236.58 and a two-hundred day moving average of $213.62. The company has a market capitalization of $1.35 billion, a PE ratio of 28.27 and a beta of 1.74. First Trust Nasdaq Semiconductor ETF has a 1 year low of $96.11 and a 1 year high of $297.36.

First Trust Nasdaq Semiconductor ETF Increases Dividend

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

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.