StoneX Group Inc. Has $1.88 Million Stock Position in First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL)

StoneX Group Inc. lifted its stake in shares of First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) by 1.2% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 20,194 shares of the company’s stock after buying an additional 234 shares during the period. StoneX Group Inc. owned about 0.13% of First Trust Nasdaq Semiconductor ETF worth $1,884,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. International Assets Investment Management LLC acquired a new position in First Trust Nasdaq Semiconductor ETF in the 2nd quarter worth about $51,000. GAMMA Investing LLC bought a new stake in shares of First Trust Nasdaq Semiconductor ETF during the third quarter worth about $54,000. Northwestern Mutual Wealth Management Co. increased its stake in shares of First Trust Nasdaq Semiconductor ETF by 24.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 940 shares of the company’s stock valued at $94,000 after buying an additional 185 shares during the period. Comerica Bank raised its holdings in First Trust Nasdaq Semiconductor ETF by 30.5% in the 1st quarter. Comerica Bank now owns 1,754 shares of the company’s stock valued at $159,000 after buying an additional 410 shares during the last quarter. Finally, Concourse Financial Group Securities Inc. boosted its position in First Trust Nasdaq Semiconductor ETF by 61.3% during the 3rd quarter. Concourse Financial Group Securities Inc. now owns 1,900 shares of the company’s stock worth $177,000 after buying an additional 722 shares during the period.

First Trust Nasdaq Semiconductor ETF Price Performance

FTXL opened at $88.37 on Friday. First Trust Nasdaq Semiconductor ETF has a fifty-two week low of $71.23 and a fifty-two week high of $107.74. The company’s 50 day moving average price is $91.53 and its two-hundred day moving average price is $93.55. The firm has a market capitalization of $1.36 billion, a price-to-earnings ratio of 24.77 and a beta of 1.29.

First Trust Nasdaq Semiconductor ETF Cuts Dividend

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

First Trust Nasdaq Semiconductor ETF Company Profile

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.