Kestra Advisory Services LLC Grows Stock Holdings in First Trust Nasdaq Semiconductor ETF $FTXL

Kestra Advisory Services LLC increased its stake in shares of First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) by 4.3% in the 1st quarter, Holdings Channel reports. The firm owned 40,179 shares of the company’s stock after buying an additional 1,660 shares during the period. Kestra Advisory Services LLC’s holdings in First Trust Nasdaq Semiconductor ETF were worth $3,036,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the stock. Millennium Management LLC raised its holdings in shares of First Trust Nasdaq Semiconductor ETF by 5,880.8% during the fourth quarter. Millennium Management LLC now owns 136,423 shares of the company’s stock valued at $11,906,000 after purchasing an additional 134,142 shares during the last quarter. Susquehanna International Group LLP increased its holdings in First Trust Nasdaq Semiconductor ETF by 100.4% during the fourth quarter. Susquehanna International Group LLP now owns 51,832 shares of the company’s stock valued at $4,523,000 after buying an additional 25,968 shares during the last quarter. Cetera Investment Advisers increased its holdings in First Trust Nasdaq Semiconductor ETF by 97.2% during the fourth quarter. Cetera Investment Advisers now owns 51,419 shares of the company’s stock valued at $4,487,000 after buying an additional 25,341 shares during the last quarter. BNP Paribas Financial Markets purchased a new stake in First Trust Nasdaq Semiconductor ETF during the fourth quarter valued at approximately $4,364,000. Finally, CacheTech Inc. increased its holdings in First Trust Nasdaq Semiconductor ETF by 37.2% during the first quarter. CacheTech Inc. now owns 35,062 shares of the company’s stock valued at $2,649,000 after buying an additional 9,502 shares during the last quarter.

First Trust Nasdaq Semiconductor ETF Trading Up 0.2%

Shares of FTXL stock opened at $100.64 on Thursday. First Trust Nasdaq Semiconductor ETF has a 12 month low of $59.72 and a 12 month high of $102.56. The stock has a market cap of $301.92 million, a P/E ratio of 28.27 and a beta of 1.29. The company has a 50 day simple moving average of $97.85 and a two-hundred day simple moving average of $86.38.

First Trust Nasdaq Semiconductor ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Thursday, June 26th were given a $0.1365 dividend. The ex-dividend date was Thursday, June 26th. This is an increase from First Trust Nasdaq Semiconductor ETF’s previous quarterly dividend of $0.03. This represents a $0.55 dividend on an annualized basis and a dividend yield of 0.5%.

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.