32,607 Shares in First Trust Nasdaq Transportation ETF $FTXR Bought by Davis Investment Partners LLC

Davis Investment Partners LLC bought a new position in shares of First Trust Nasdaq Transportation ETF (NASDAQ:FTXR) during the 1st quarter, Holdings Channel.com reports. The firm bought 32,607 shares of the company’s stock, valued at approximately $1,243,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in FTXR. Royal Bank of Canada boosted its stake in shares of First Trust Nasdaq Transportation ETF by 38.2% during the 4th quarter. Royal Bank of Canada now owns 2,633 shares of the company’s stock worth $102,000 after acquiring an additional 728 shares in the last quarter. Geneos Wealth Management Inc. raised its stake in shares of First Trust Nasdaq Transportation ETF by 200.0% in the 2nd quarter. Geneos Wealth Management Inc. now owns 1,800 shares of the company’s stock valued at $57,000 after acquiring an additional 1,200 shares in the last quarter. Kestra Advisory Services LLC acquired a new stake in First Trust Nasdaq Transportation ETF in the 4th quarter worth approximately $57,000. Truist Financial Corp acquired a new stake in First Trust Nasdaq Transportation ETF in the 4th quarter worth approximately $200,000. Finally, MML Investors Services LLC bought a new stake in First Trust Nasdaq Transportation ETF during the fourth quarter worth approximately $235,000.

First Trust Nasdaq Transportation ETF Stock Up 0.9%

Shares of FTXR stock opened at $44.62 on Thursday. First Trust Nasdaq Transportation ETF has a 12 month low of $31.14 and a 12 month high of $46.17. The business’s 50 day moving average is $42.74 and its two-hundred day moving average is $40.90. The company has a market cap of $1.01 billion, a PE ratio of 11.80 and a beta of 1.28.

About First Trust Nasdaq Transportation ETF

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.