First Trust Indxx NextG ETF (NASDAQ:NXTG) Shares Sold by Flaharty Asset Management LLC

Flaharty Asset Management LLC lessened its position in shares of First Trust Indxx NextG ETF (NASDAQ:NXTG) by 10.1% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 11,148 shares of the company’s stock after selling 1,254 shares during the period. Flaharty Asset Management LLC’s holdings in First Trust Indxx NextG ETF were worth $951,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in NXTG. First Horizon Advisors Inc. acquired a new position in shares of First Trust Indxx NextG ETF during the 3rd quarter worth $44,000. Spire Wealth Management acquired a new position in shares of First Trust Indxx NextG ETF during the 4th quarter worth $151,000. Truist Financial Corp raised its stake in shares of First Trust Indxx NextG ETF by 15.8% during the 4th quarter. Truist Financial Corp now owns 5,162 shares of the company’s stock worth $440,000 after buying an additional 704 shares during the last quarter. Ameritas Advisory Services LLC raised its stake in shares of First Trust Indxx NextG ETF by 7.1% during the 4th quarter. Ameritas Advisory Services LLC now owns 5,435 shares of the company’s stock worth $464,000 after buying an additional 358 shares during the last quarter. Finally, Prospera Financial Services Inc raised its stake in shares of First Trust Indxx NextG ETF by 38.6% during the 3rd quarter. Prospera Financial Services Inc now owns 6,783 shares of the company’s stock worth $593,000 after buying an additional 1,889 shares during the last quarter.

First Trust Indxx NextG ETF Stock Down 0.6 %

NASDAQ:NXTG opened at $87.09 on Friday. The company has a market capitalization of $370.14 million, a PE ratio of 22.73 and a beta of 0.89. First Trust Indxx NextG ETF has a 52-week low of $73.37 and a 52-week high of $91.29. The stock has a fifty day simple moving average of $87.24 and a 200-day simple moving average of $86.33.

First Trust Indxx NextG ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were given a dividend of $0.4269 per share. The ex-dividend date of this dividend was Friday, December 13th.

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.