Leelyn Smith LLC Acquires New Shares in First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL)

Leelyn Smith LLC bought a new position in First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 3,771 shares of the company’s stock, valued at approximately $352,000.

Other hedge funds have also added to or reduced their stakes in the company. International Assets Investment Management LLC purchased a new stake in shares of First Trust Nasdaq Semiconductor ETF in the second quarter worth $51,000. GAMMA Investing LLC bought a new position in First Trust Nasdaq Semiconductor ETF in the 3rd quarter worth about $54,000. Northwestern Mutual Wealth Management Co. raised its holdings in shares of First Trust Nasdaq Semiconductor ETF by 24.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 940 shares of the company’s stock valued at $94,000 after acquiring an additional 185 shares in the last quarter. Comerica Bank grew its holdings in shares of First Trust Nasdaq Semiconductor ETF by 30.5% during the first quarter. Comerica Bank now owns 1,754 shares of the company’s stock worth $159,000 after purchasing an additional 410 shares in the last quarter. Finally, Concourse Financial Group Securities Inc. increased its position in shares of First Trust Nasdaq Semiconductor ETF by 61.3% in the third quarter. Concourse Financial Group Securities Inc. now owns 1,900 shares of the company’s stock worth $177,000 after purchasing an additional 722 shares during the last quarter.

First Trust Nasdaq Semiconductor ETF Price Performance

Shares of First Trust Nasdaq Semiconductor ETF stock opened at $88.37 on Friday. First Trust Nasdaq Semiconductor ETF has a 1 year low of $71.23 and a 1 year high of $107.74. The firm has a market cap of $1.36 billion, a PE ratio of 24.77 and a beta of 1.29. The company has a 50 day simple moving average of $91.56 and a two-hundred day simple moving average of $93.56.

First Trust Nasdaq Semiconductor ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were given a $0.1017 dividend. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $0.41 annualized dividend and a yield of 0.46%.

About First Trust Nasdaq Semiconductor ETF

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.