Transamerica Financial Advisors Inc. Lowers Holdings in First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL)

Transamerica Financial Advisors Inc. reduced its position in shares of First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) by 10.7% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 27,939 shares of the company’s stock after selling 3,351 shares during the quarter. Transamerica Financial Advisors Inc. owned about 0.18% of First Trust Nasdaq Semiconductor ETF worth $2,607,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Bank of New York Mellon Corp increased its stake in shares of First Trust Nasdaq Semiconductor ETF by 2.2% during the second quarter. Bank of New York Mellon Corp now owns 5,345 shares of the company’s stock valued at $534,000 after buying an additional 114 shares during the period. FMR LLC grew its holdings in First Trust Nasdaq Semiconductor ETF by 81.1% during the 3rd quarter. FMR LLC now owns 326 shares of the company’s stock worth $30,000 after acquiring an additional 146 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its position in First Trust Nasdaq Semiconductor ETF by 24.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 940 shares of the company’s stock valued at $94,000 after purchasing an additional 185 shares during the period. TriaGen Wealth Management LLC raised its holdings in shares of First Trust Nasdaq Semiconductor ETF by 0.7% in the 3rd quarter. TriaGen Wealth Management LLC now owns 28,781 shares of the company’s stock valued at $2,685,000 after purchasing an additional 187 shares in the last quarter. Finally, StoneX Group Inc. lifted its position in shares of First Trust Nasdaq Semiconductor ETF by 1.2% in the 3rd quarter. StoneX Group Inc. now owns 20,194 shares of the company’s stock worth $1,884,000 after purchasing an additional 234 shares during the period.

First Trust Nasdaq Semiconductor ETF Stock Performance

NASDAQ:FTXL traded down $0.47 during trading hours on Tuesday, reaching $88.98. The company’s stock had a trading volume of 2,013 shares, compared to its average volume of 61,812. The stock has a 50 day moving average price of $91.53 and a two-hundred day moving average price of $93.63. The company has a market capitalization of $1.37 billion, a P/E ratio of 24.77 and a beta of 1.29. First Trust Nasdaq Semiconductor ETF has a 12 month low of $71.23 and a 12 month high of $107.74.

First Trust Nasdaq Semiconductor ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders 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 yield of 0.46%.

First Trust Nasdaq Semiconductor ETF 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.