Verity Asset Management Inc. Purchases 2,633 Shares of First Trust Nasdaq Semiconductor ETF $FTXL

Verity Asset Management Inc. purchased a new position in shares of First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 2,633 shares of the company’s stock, valued at approximately $667,000.

Several other hedge funds have also made changes to their positions in FTXL. Integrity Alliance LLC. purchased a new stake in shares of First Trust Nasdaq Semiconductor ETF in the third quarter valued at $1,014,000. GRIMES & Co WEALTH MANAGEMENT LLC purchased a new position in First Trust Nasdaq Semiconductor ETF during the third quarter worth about $20,065,000. Mirae Asset Global Investments Co. Ltd. purchased a new position in First Trust Nasdaq Semiconductor ETF during the third quarter worth about $19,816,000. Aviance Capital Partners LLC purchased a new position in First Trust Nasdaq Semiconductor ETF during the third quarter worth about $329,000. Finally, Global Assets Advisory LLC boosted its stake in First Trust Nasdaq Semiconductor ETF by 2.6% in the 3rd quarter. Global Assets Advisory LLC now owns 2,349 shares of the company’s stock worth $616,000 after buying an additional 60 shares during the last quarter.

First Trust Nasdaq Semiconductor ETF Price Performance

FTXL opened at $203.23 on Thursday. The stock has a market capitalization of $1.04 billion, a price-to-earnings ratio of 28.27 and a beta of 1.83. The business has a 50-day moving average of $233.40 and a two-hundred day moving average of $212.41. First Trust Nasdaq Semiconductor ETF has a 12 month low of $110.24 and a 12 month high of $297.36.

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.