Flaharty Asset Management LLC Buys New Shares in First Trust Indxx NextG ETF $NXTG

Flaharty Asset Management LLC bought a new position in First Trust Indxx NextG ETF (NASDAQ:NXTG) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 8,859 shares of the company’s stock, valued at approximately $918,000. Flaharty Asset Management LLC owned 0.22% of First Trust Indxx NextG ETF as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Rossby Financial LCC bought a new position in shares of First Trust Indxx NextG ETF in the second quarter worth about $39,000. Geneos Wealth Management Inc. lifted its holdings in First Trust Indxx NextG ETF by 200.0% in the 2nd quarter. Geneos Wealth Management Inc. now owns 651 shares of the company’s stock worth $63,000 after purchasing an additional 434 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in First Trust Indxx NextG ETF by 16.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 1,170 shares of the company’s stock worth $114,000 after purchasing an additional 169 shares during the period. Kraft Davis & Associates LLC bought a new position in First Trust Indxx NextG ETF in the 2nd quarter worth approximately $209,000. Finally, StoneX Group Inc. purchased a new stake in First Trust Indxx NextG ETF during the 2nd quarter valued at approximately $235,000.

First Trust Indxx NextG ETF Price Performance

First Trust Indxx NextG ETF stock opened at $113.52 on Friday. First Trust Indxx NextG ETF has a 1 year low of $74.03 and a 1 year high of $115.69. The firm’s 50 day moving average price is $109.10 and its 200-day moving average price is $105.06. The stock has a market cap of $425.72 million, a P/E ratio of 22.81 and a beta of 0.89.

First Trust Indxx NextG ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th were paid a $0.5364 dividend. This represents a $2.15 annualized dividend and a yield of 1.9%. The ex-dividend date was Friday, December 12th. This is an increase from First Trust Indxx NextG ETF’s previous quarterly dividend of $0.50.

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.