Cetera Investment Advisers Boosts Stock Position in First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL)

Cetera Investment Advisers grew its stake in First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) by 97.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 51,419 shares of the company’s stock after purchasing an additional 25,341 shares during the period. Cetera Investment Advisers owned approximately 1.41% of First Trust Nasdaq Semiconductor ETF worth $4,487,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also made changes to their positions in the company. Apeiron RIA LLC lifted its holdings in First Trust Nasdaq Semiconductor ETF by 11.4% in the fourth quarter. Apeiron RIA LLC now owns 6,892 shares of the company’s stock valued at $601,000 after acquiring an additional 707 shares during the last quarter. Nilsine Partners LLC lifted its holdings in First Trust Nasdaq Semiconductor ETF by 4.8% in the fourth quarter. Nilsine Partners LLC now owns 178,580 shares of the company’s stock valued at $15,585,000 after acquiring an additional 8,203 shares during the last quarter. Fifth Third Securities Inc. acquired a new position in First Trust Nasdaq Semiconductor ETF in the fourth quarter valued at approximately $311,000. Spire Wealth Management acquired a new position in First Trust Nasdaq Semiconductor ETF in the fourth quarter valued at approximately $42,000. Finally, Truist Financial Corp lifted its holdings in First Trust Nasdaq Semiconductor ETF by 1.4% in the fourth quarter. Truist Financial Corp now owns 109,903 shares of the company’s stock valued at $9,591,000 after acquiring an additional 1,484 shares during the last quarter.

First Trust Nasdaq Semiconductor ETF Stock Performance

FTXL opened at $86.35 on Thursday. First Trust Nasdaq Semiconductor ETF has a one year low of $59.72 and a one year high of $107.74. The stock has a market capitalization of $254.73 million, a PE ratio of 23.60 and a beta of 1.29. The business’s 50 day moving average price is $74.77 and its 200 day moving average price is $84.09.

First Trust Nasdaq Semiconductor ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were issued a $0.0342 dividend. This represents a $0.14 dividend on an annualized basis and a yield of 0.16%. The ex-dividend date of this dividend was Thursday, March 27th.

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.