35,489 Shares in First Trust Nasdaq Bank ETF (NASDAQ:FTXO) Bought by Nilsine Partners LLC

Nilsine Partners LLC bought a new position in First Trust Nasdaq Bank ETF (NASDAQ:FTXO) during the 4th quarter, Holdings Channel.com reports. The institutional investor bought 35,489 shares of the company’s stock, valued at approximately $1,129,000.

Other hedge funds also recently added to or reduced their stakes in the company. Wagner Wealth Management LLC grew its holdings in First Trust Nasdaq Bank ETF by 0.6% in the 3rd quarter. Wagner Wealth Management LLC now owns 167,065 shares of the company’s stock worth $4,858,000 after buying an additional 915 shares in the last quarter. Janney Montgomery Scott LLC grew its stake in shares of First Trust Nasdaq Bank ETF by 31.4% in the fourth quarter. Janney Montgomery Scott LLC now owns 101,580 shares of the company’s stock worth $3,231,000 after purchasing an additional 24,261 shares in the last quarter. Park Avenue Securities LLC acquired a new position in shares of First Trust Nasdaq Bank ETF during the fourth quarter valued at $642,000. Jane Street Group LLC acquired a new position in shares of First Trust Nasdaq Bank ETF during the third quarter valued at $271,000. Finally, D.A. Davidson & CO. raised its stake in shares of First Trust Nasdaq Bank ETF by 7.9% during the third quarter. D.A. Davidson & CO. now owns 8,154 shares of the company’s stock valued at $237,000 after purchasing an additional 600 shares in the last quarter.

First Trust Nasdaq Bank ETF Stock Down 0.4 %

Shares of FTXO opened at $34.12 on Wednesday. First Trust Nasdaq Bank ETF has a 52-week low of $23.61 and a 52-week high of $35.58. The firm has a market capitalization of $225.19 million, a PE ratio of 10.77 and a beta of 1.11. The firm has a 50-day moving average price of $33.25 and a 200 day moving average price of $30.89.

First Trust Nasdaq Bank 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 $0.1864 per share. The ex-dividend date was Friday, December 13th.

First Trust Nasdaq Bank ETF Profile

The First Trust Nasdaq Bank ETF (FTXO) is an exchange-traded fund that is based on the NASDAQ US Banks index. The fund tracks an index composed of the most liquid US banking companies. Holdings are selected by their liquidity, and weighted based on volatility, value, and growth factors. FTXO was launched on Sep 20, 2016 and is managed by First Trust.