Harbour Investments Inc. Increases Position in First Trust Nasdaq Bank ETF (NASDAQ:FTXO)

Harbour Investments Inc. grew its holdings in First Trust Nasdaq Bank ETF (NASDAQ:FTXO) by 223.0% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 10,052 shares of the company’s stock after buying an additional 6,940 shares during the period. Harbour Investments Inc. owned 0.15% of First Trust Nasdaq Bank ETF worth $320,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Sherman Asset Management Inc. acquired a new position in shares of First Trust Nasdaq Bank ETF during the fourth quarter worth about $28,000. Larson Financial Group LLC increased its stake in shares of First Trust Nasdaq Bank ETF by 22.0% during the fourth quarter. Larson Financial Group LLC now owns 1,633 shares of the company’s stock worth $52,000 after acquiring an additional 295 shares during the period. Thurston Springer Miller Herd & Titak Inc. increased its stake in shares of First Trust Nasdaq Bank ETF by 284.6% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,365 shares of the company’s stock worth $75,000 after acquiring an additional 1,750 shares during the period. Principal Securities Inc. increased its stake in shares of First Trust Nasdaq Bank ETF by 215.5% during the fourth quarter. Principal Securities Inc. now owns 4,442 shares of the company’s stock worth $141,000 after acquiring an additional 3,034 shares during the period. Finally, International Assets Investment Management LLC acquired a new position in shares of First Trust Nasdaq Bank ETF during the fourth quarter worth about $238,000.

First Trust Nasdaq Bank ETF Stock Up 0.2 %

Shares of First Trust Nasdaq Bank ETF stock opened at $30.47 on Friday. The company’s 50-day simple moving average is $32.70 and its 200-day simple moving average is $31.86. First Trust Nasdaq Bank ETF has a 52-week low of $24.72 and a 52-week high of $35.58. The firm has a market cap of $227.00 million, a price-to-earnings ratio of 12.83 and a beta of 1.11.

First Trust Nasdaq Bank ETF Company Profile

The First Trust Nasdaq Bank ETF (FTXO) is an exchange-traded fund that is based on the NASDAQ US Banks index. The fund tracks an index composed of the most liquid US banking companies. Holdings are selected by their liquidity, and weighted based on volatility, value, and growth factors. FTXO was launched on Sep 20, 2016 and is managed by First Trust.