First Trust Indxx NextG ETF (NASDAQ:NXTG) Shares Sold by Creative Financial Designs Inc. ADV

Creative Financial Designs Inc. ADV cut its holdings in shares of First Trust Indxx NextG ETF (NASDAQ:NXTG) by 3.3% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 7,559 shares of the company’s stock after selling 255 shares during the period. Creative Financial Designs Inc. ADV’s holdings in First Trust Indxx NextG ETF were worth $660,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the business. 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 acquiring an additional 1,961 shares in the last quarter. Private Advisor Group LLC lifted its position in shares of First Trust Indxx NextG ETF by 2.3% during the third quarter. Private Advisor Group LLC now owns 44,147 shares of the company’s stock worth $3,856,000 after purchasing an additional 998 shares during the last quarter. Sanctuary Advisors LLC bought a new position in shares of First Trust Indxx NextG ETF during the second quarter worth about $658,000. Benjamin F. Edwards & Company Inc. lifted its position in shares of First Trust Indxx NextG ETF by 0.7% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 55,684 shares of the company’s stock worth $4,562,000 after purchasing an additional 381 shares during the last quarter. Finally, CoreCap Advisors LLC bought a new position in shares of First Trust Indxx NextG ETF during the second quarter worth about $351,000.

First Trust Indxx NextG ETF Stock Performance

Shares of NXTG stock opened at $84.69 on Friday. First Trust Indxx NextG ETF has a one year low of $67.32 and a one year high of $88.84. The company’s 50-day simple moving average is $86.35 and its 200-day simple moving average is $82.60. The stock has a market capitalization of $372.64 million, a price-to-earnings ratio of 18.31 and a beta of 0.89.

First Trust Indxx NextG ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were given a dividend of $0.4009 per share. The ex-dividend date was Thursday, September 26th. This represents a $1.60 annualized dividend and a dividend yield of 1.89%.

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.