World Investment Advisors Takes Position in First Trust Nasdaq Semiconductor ETF $FTXL

World Investment Advisors bought a new position in First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 38,786 shares of the company’s stock, valued at approximately $5,024,000. World Investment Advisors owned about 0.37% of First Trust Nasdaq Semiconductor ETF at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Hilton Head Capital Partners LLC acquired a new stake in shares of First Trust Nasdaq Semiconductor ETF in the 4th quarter worth about $26,000. Ameriflex Group Inc. acquired a new stake in shares of First Trust Nasdaq Semiconductor ETF in the 3rd quarter worth about $31,000. Flagship Harbor Advisors LLC bought a new stake in First Trust Nasdaq Semiconductor ETF in the 4th quarter worth about $47,000. NBC Securities Inc. grew its position in First Trust Nasdaq Semiconductor ETF by 27.9% in 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. Finally, AlphaCore Capital LLC bought a new stake in First Trust Nasdaq Semiconductor ETF in the 4th quarter worth about $80,000.

First Trust Nasdaq Semiconductor ETF Stock Performance

Shares of FTXL stock opened at $259.13 on Tuesday. First Trust Nasdaq Semiconductor ETF has a 52-week low of $82.20 and a 52-week high of $268.77. The company has a 50-day simple moving average of $201.49 and a two-hundred day simple moving average of $162.48. The company has a market capitalization of $2.67 billion, a price-to-earnings ratio of 28.27 and a beta of 1.69.

First Trust Nasdaq Semiconductor ETF Cuts Dividend

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

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.