Thrivent Financial for Lutherans Acquires 5,770 Shares of First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL)

Thrivent Financial for Lutherans lifted its holdings in First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) by 22.4% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 31,478 shares of the company’s stock after acquiring an additional 5,770 shares during the period. Thrivent Financial for Lutherans owned 0.21% of First Trust Nasdaq Semiconductor ETF worth $2,936,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the business. International Assets Investment Management LLC bought a new stake in First Trust Nasdaq Semiconductor ETF in the 2nd quarter valued at $51,000. GAMMA Investing LLC bought a new stake in shares of First Trust Nasdaq Semiconductor ETF in the third quarter worth about $54,000. Northwestern Mutual Wealth Management Co. lifted its position in shares of First Trust Nasdaq Semiconductor ETF by 24.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 940 shares of the company’s stock worth $94,000 after buying an additional 185 shares in the last quarter. Comerica Bank boosted its stake in First Trust Nasdaq Semiconductor ETF by 30.5% during the first quarter. Comerica Bank now owns 1,754 shares of the company’s stock valued at $159,000 after buying an additional 410 shares during the last quarter. Finally, Concourse Financial Group Securities Inc. grew its holdings in First Trust Nasdaq Semiconductor ETF by 61.3% during the 3rd quarter. Concourse Financial Group Securities Inc. now owns 1,900 shares of the company’s stock valued at $177,000 after buying an additional 722 shares in the last quarter.

First Trust Nasdaq Semiconductor ETF Stock Performance

NASDAQ FTXL opened at $88.39 on Wednesday. The stock has a 50 day moving average price of $91.55 and a 200-day moving average price of $93.64. First Trust Nasdaq Semiconductor ETF has a one year low of $71.23 and a one year high of $107.74. The company has a market capitalization of $1.36 billion, a P/E ratio of 24.77 and a beta of 1.29.

First Trust Nasdaq Semiconductor ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were paid a $0.1017 dividend. This represents a $0.41 annualized dividend and a dividend yield of 0.46%. The ex-dividend date of this dividend was Thursday, September 26th.

About First Trust Nasdaq Semiconductor ETF

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.