WCG Wealth Advisors LLC Invests $16.52 Million in First Trust Nasdaq Semiconductor ETF $FTXL

WCG Wealth Advisors LLC bought a new position in shares of First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 127,535 shares of the company’s stock, valued at approximately $16,521,000. WCG Wealth Advisors LLC owned approximately 1.23% of First Trust Nasdaq Semiconductor ETF as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of FTXL. Ameriflex Group Inc. acquired a new stake in shares of First Trust Nasdaq Semiconductor ETF during the 3rd quarter worth $31,000. Flagship Harbor Advisors LLC acquired a new stake in shares of First Trust Nasdaq Semiconductor ETF during the 4th quarter worth $47,000. NBC Securities Inc. grew its holdings in shares of First Trust Nasdaq Semiconductor ETF by 27.9% during the 4th quarter. NBC Securities Inc. now owns 394 shares of the company’s stock worth $51,000 after purchasing an additional 86 shares in the last quarter. AlphaCore Capital LLC acquired a new stake in shares of First Trust Nasdaq Semiconductor ETF during the 4th quarter worth $80,000. Finally, AE Wealth Management LLC grew its holdings in shares of First Trust Nasdaq Semiconductor ETF by 267.3% during the 3rd quarter. AE Wealth Management LLC now owns 764 shares of the company’s stock worth $85,000 after purchasing an additional 556 shares in the last quarter.

First Trust Nasdaq Semiconductor ETF Stock Performance

FTXL opened at $279.38 on Thursday. The firm has a market cap of $2.88 billion, a P/E ratio of 28.27 and a beta of 1.69. First Trust Nasdaq Semiconductor ETF has a 52-week low of $86.05 and a 52-week high of $280.96. The business’s fifty day moving average is $206.27 and its 200-day moving average is $164.54.

First Trust Nasdaq Semiconductor ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were paid a $0.0131 dividend. The ex-dividend date of this dividend was Thursday, March 26th. This represents a $0.05 annualized dividend and a yield of 0.0%.

First Trust Nasdaq Semiconductor ETF Company 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.