Cutter & CO Brokerage Inc. Trims Position in First Trust Nasdaq Transportation ETF (NASDAQ:FTXR)

Cutter & CO Brokerage Inc. cut its holdings in shares of First Trust Nasdaq Transportation ETF (NASDAQ:FTXR) by 2.6% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 13,607 shares of the company’s stock after selling 367 shares during the period. Cutter & CO Brokerage Inc. owned 1.43% of First Trust Nasdaq Transportation ETF worth $468,000 as of its most recent SEC filing.

Separately, KKM Financial LLC increased its stake in shares of First Trust Nasdaq Transportation ETF by 59.5% during the third quarter. KKM Financial LLC now owns 10,424 shares of the company’s stock valued at $334,000 after buying an additional 3,890 shares during the period.

First Trust Nasdaq Transportation ETF Stock Performance

FTXR opened at $32.55 on Wednesday. First Trust Nasdaq Transportation ETF has a 52-week low of $28.05 and a 52-week high of $37.32. The stock has a market capitalization of $30.92 million, a PE ratio of 16.14 and a beta of 1.37. The stock’s 50 day moving average price is $34.71 and its 200-day moving average price is $33.62.

First Trust Nasdaq Transportation ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were paid a dividend of $0.3989 per share. The ex-dividend date of this dividend was Friday, December 13th. This is a boost from First Trust Nasdaq Transportation ETF’s previous dividend of $0.09.

First Trust Nasdaq Transportation ETF Profile

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.