Cwm LLC Decreases Stock Position in First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL)

Cwm LLC lessened its position in First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) by 28.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 98,668 shares of the company’s stock after selling 38,495 shares during the quarter. Cwm LLC owned about 0.63% of First Trust Nasdaq Semiconductor ETF worth $8,044,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. L.M. Kohn & Company lifted its position in shares of First Trust Nasdaq Semiconductor ETF by 7.6% in the third quarter. L.M. Kohn & Company now owns 3,863 shares of the company’s stock valued at $261,000 after acquiring an additional 273 shares in the last quarter. Realta Investment Advisors lifted its position in First Trust Nasdaq Semiconductor ETF by 5.3% during the fourth quarter. Realta Investment Advisors now owns 7,372 shares of the company’s stock worth $601,000 after buying an additional 371 shares in the last quarter. Turtle Creek Wealth Advisors LLC purchased a new position in First Trust Nasdaq Semiconductor ETF during the fourth quarter worth approximately $37,000. Paragon Private Wealth Management LLC lifted its position in First Trust Nasdaq Semiconductor ETF by 1.7% during the third quarter. Paragon Private Wealth Management LLC now owns 48,398 shares of the company’s stock worth $3,273,000 after buying an additional 801 shares in the last quarter. Finally, Janney Montgomery Scott LLC lifted its position in First Trust Nasdaq Semiconductor ETF by 1.9% during the third quarter. Janney Montgomery Scott LLC now owns 59,982 shares of the company’s stock worth $4,057,000 after buying an additional 1,144 shares in the last quarter.

First Trust Nasdaq Semiconductor ETF Stock Performance

Shares of First Trust Nasdaq Semiconductor ETF stock opened at $81.07 on Tuesday. First Trust Nasdaq Semiconductor ETF has a one year low of $57.43 and a one year high of $95.48. The company has a market cap of $1.29 billion, a price-to-earnings ratio of 22.46 and a beta of 1.71. The business’s 50 day moving average price is $87.92 and its 200 day moving average price is $79.42.

First Trust Nasdaq Semiconductor ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 22nd were given a dividend of $0.0767 per share. The ex-dividend date was Thursday, March 21st.

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.