Truist Financial Corp bought a new position in First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL – Free Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 30,212 shares of the company’s stock, valued at approximately $1,958,000. Truist Financial Corp owned approximately 0.19% of First Trust Nasdaq Semiconductor ETF as of its most recent SEC filing.
Other large investors also recently added to or reduced their stakes in the company. Raymond James Financial Services Advisors Inc. lifted its stake in shares of First Trust Nasdaq Semiconductor ETF by 5,985.8% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 365,149 shares of the company’s stock worth $23,665,000 after buying an additional 359,149 shares during the last quarter. Benjamin F. Edwards & Company Inc. lifted its stake in shares of First Trust Nasdaq Semiconductor ETF by 247.8% in the first quarter. Benjamin F. Edwards & Company Inc. now owns 162,955 shares of the company’s stock worth $10,561,000 after buying an additional 116,107 shares during the last quarter. LPL Financial LLC lifted its stake in shares of First Trust Nasdaq Semiconductor ETF by 102.1% in the fourth quarter. LPL Financial LLC now owns 166,902 shares of the company’s stock worth $8,874,000 after buying an additional 84,317 shares during the last quarter. NewSquare Capital LLC acquired a new stake in shares of First Trust Nasdaq Semiconductor ETF in the first quarter worth $4,809,000. Finally, Janney Montgomery Scott LLC acquired a new stake in shares of First Trust Nasdaq Semiconductor ETF in the first quarter worth $4,133,000.
First Trust Nasdaq Semiconductor ETF Trading Down 0.9 %
Shares of First Trust Nasdaq Semiconductor ETF stock opened at $67.16 on Friday. The firm has a fifty day simple moving average of $70.98 and a 200-day simple moving average of $65.00. First Trust Nasdaq Semiconductor ETF has a 1-year low of $44.95 and a 1-year high of $75.72. The stock has a market capitalization of $1.12 billion, a price-to-earnings ratio of 19.68 and a beta of 1.29.
First Trust Nasdaq Semiconductor ETF Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, June 30th. Stockholders of record on Wednesday, June 28th were paid a $0.1026 dividend. This represents a $0.41 dividend on an annualized basis and a dividend yield of 0.61%. This is a boost from First Trust Nasdaq Semiconductor ETF’s previous quarterly dividend of $0.09. The ex-dividend date of this dividend was Tuesday, June 27th.
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.
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