Banco Santander S.A. Sells 680 Shares of First Trust Indxx NextG ETF (NASDAQ:NXTG)

Banco Santander S.A. lowered its position in shares of First Trust Indxx NextG ETF (NASDAQ:NXTG) by 12.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,670 shares of the company’s stock after selling 680 shares during the quarter. Banco Santander S.A. owned approximately 0.11% of First Trust Indxx NextG ETF worth $398,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. First Horizon Advisors Inc. acquired a new stake in First Trust Indxx NextG ETF in the third quarter worth about $44,000. Spire Wealth Management acquired a new stake in shares of First Trust Indxx NextG ETF during the 4th quarter worth approximately $151,000. Ashton Thomas Private Wealth LLC grew its position in shares of First Trust Indxx NextG ETF by 7.9% during the 4th quarter. Ashton Thomas Private Wealth LLC now owns 3,588 shares of the company’s stock worth $306,000 after buying an additional 263 shares during the period. Truist Financial Corp raised its stake in shares of First Trust Indxx NextG ETF by 15.8% during the fourth quarter. Truist Financial Corp now owns 5,162 shares of the company’s stock worth $440,000 after buying an additional 704 shares during the last quarter. Finally, Ameritas Advisory Services LLC lifted its holdings in First Trust Indxx NextG ETF by 7.1% in the fourth quarter. Ameritas Advisory Services LLC now owns 5,435 shares of the company’s stock valued at $464,000 after buying an additional 358 shares during the period.

First Trust Indxx NextG ETF Stock Performance

Shares of NXTG stock opened at $85.92 on Tuesday. The firm’s 50 day moving average price is $87.35 and its two-hundred day moving average price is $86.50. The stock has a market cap of $356.57 million, a PE ratio of 21.52 and a beta of 0.86. First Trust Indxx NextG ETF has a 52-week low of $73.37 and a 52-week high of $91.29.

First Trust Indxx NextG ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were paid a dividend of $0.4269 per share. 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.