Atria Investments Inc Cuts Stock Holdings in First Trust Indxx NextG ETF (NASDAQ:NXTG)

Atria Investments Inc trimmed its stake in First Trust Indxx NextG ETF (NASDAQ:NXTG) by 1.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 15,885 shares of the company’s stock after selling 253 shares during the period. Atria Investments Inc’s holdings in First Trust Indxx NextG ETF were worth $1,387,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Cetera Investment Advisers lifted its stake in First Trust Indxx NextG ETF by 63.0% during the first quarter. Cetera Investment Advisers now owns 33,208 shares of the company’s stock worth $2,632,000 after purchasing an additional 12,833 shares during the last quarter. Sanctuary Advisors LLC purchased a new position in shares of First Trust Indxx NextG ETF during the 2nd quarter valued at about $658,000. Cetera Advisors LLC bought a new stake in First Trust Indxx NextG ETF in the 1st quarter worth approximately $483,000. CoreCap Advisors LLC purchased a new stake in First Trust Indxx NextG ETF in the second quarter worth approximately $351,000. Finally, MONECO Advisors LLC bought a new position in First Trust Indxx NextG ETF during the second quarter valued at approximately $246,000.

First Trust Indxx NextG ETF Stock Performance

Shares of NXTG opened at $83.21 on Friday. First Trust Indxx NextG ETF has a fifty-two week low of $70.99 and a fifty-two week high of $88.84. The firm has a market cap of $366.12 million, a price-to-earnings ratio of 18.31 and a beta of 0.89. The firm has a 50 day moving average price of $86.37 and a 200-day moving average price of $83.26.

First Trust Indxx NextG ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were paid a $0.4009 dividend. This represents a $1.60 annualized dividend and a yield of 1.93%. The ex-dividend date of this dividend was Thursday, September 26th.

About First Trust Indxx NextG ETF

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.