D.A. Davidson & CO. Sells 1,017 Shares of First Trust Indxx NextG ETF (NASDAQ:NXTG)

D.A. Davidson & CO. decreased its position in shares of First Trust Indxx NextG ETF (NASDAQ:NXTG) by 8.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 10,408 shares of the company’s stock after selling 1,017 shares during the period. D.A. Davidson & CO. owned approximately 0.24% of First Trust Indxx NextG ETF worth $888,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Private Advisor Group LLC grew its holdings in First Trust Indxx NextG ETF by 2.3% during the 3rd quarter. Private Advisor Group LLC now owns 44,147 shares of the company’s stock valued at $3,856,000 after purchasing an additional 998 shares during the last quarter. Arkadios Wealth Advisors grew its stake in shares of First Trust Indxx NextG ETF by 41.4% during the third quarter. Arkadios Wealth Advisors now owns 6,699 shares of the company’s stock valued at $585,000 after buying an additional 1,961 shares during the last quarter. First Horizon Advisors Inc. bought a new position in shares of First Trust Indxx NextG ETF during the third quarter valued at approximately $44,000. Benjamin Edwards Inc. purchased a new stake in shares of First Trust Indxx NextG ETF in the third quarter worth approximately $4,600,000. Finally, Prospera Financial Services Inc lifted its stake in shares of First Trust Indxx NextG ETF by 38.6% during the 3rd quarter. Prospera Financial Services Inc now owns 6,783 shares of the company’s stock worth $593,000 after acquiring an additional 1,889 shares during the last quarter.

First Trust Indxx NextG ETF Stock Down 0.7 %

Shares of First Trust Indxx NextG ETF stock opened at $90.22 on Monday. The stock’s fifty day moving average is $86.93 and its two-hundred day moving average is $86.12. First Trust Indxx NextG ETF has a 52 week low of $73.37 and a 52 week high of $91.29. The company has a market capitalization of $374.39 million, a PE ratio of 22.73 and a beta of 0.85.

First Trust Indxx NextG ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were paid a $0.4269 dividend. The ex-dividend date was Friday, December 13th.

First Trust Indxx NextG ETF Profile

The First Trust IndXX NextG ETF (NXTG) is an exchange-traded fund that is based on the Indxx 5G & NextG Thematic index. The fund tracks a tiered-weighted index of global equities related to next generation digital cellular technologies. NXTG was launched on Feb 17, 2011 and is managed by First Trust.