J.W. Cole Advisors Inc. Has $624,000 Stock Position in First Trust Indxx NextG ETF (NASDAQ:NXTG)

J.W. Cole Advisors Inc. grew its holdings in shares of First Trust Indxx NextG ETF (NASDAQ:NXTG) by 6.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 8,131 shares of the company’s stock after purchasing an additional 474 shares during the quarter. J.W. Cole Advisors Inc. owned about 0.16% of First Trust Indxx NextG ETF worth $624,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of the business. Insight Advisors LLC PA bought a new stake in First Trust Indxx NextG ETF during the fourth quarter worth approximately $231,000. B. Riley Wealth Advisors Inc. grew its stake in First Trust Indxx NextG ETF by 6.8% in the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 8,096 shares of the company’s stock valued at $549,000 after buying an additional 519 shares during the last quarter. NBC Securities Inc. bought a new position in First Trust Indxx NextG ETF in the 3rd quarter worth $582,000. International Assets Investment Management LLC acquired a new position in First Trust Indxx NextG ETF during the 4th quarter worth $729,000. Finally, NewEdge Wealth LLC boosted its holdings in First Trust Indxx NextG ETF by 67.8% during the third quarter. NewEdge Wealth LLC now owns 15,139 shares of the company’s stock valued at $1,027,000 after acquiring an additional 6,116 shares during the period.

First Trust Indxx NextG ETF Stock Performance

Shares of NASDAQ:NXTG opened at $74.24 on Tuesday. First Trust Indxx NextG ETF has a 52-week low of $64.46 and a 52-week high of $81.22. The company has a market cap of $363.78 million, a P/E ratio of 18.09 and a beta of 0.89. The stock’s 50-day moving average is $77.80 and its 200-day moving average is $74.47.

First Trust Indxx NextG ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 22nd were given a $0.044 dividend. This represents a $0.18 annualized dividend and a yield of 0.24%. The ex-dividend date of this dividend was Thursday, March 21st.

First Trust Indxx NextG ETF Company Profile

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.