Private Trust Co. NA Sells 4,062 Shares of First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL)

Private Trust Co. NA trimmed its stake in First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) by 64.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,268 shares of the company’s stock after selling 4,062 shares during the period. Private Trust Co. NA owned about 0.06% of First Trust Nasdaq Semiconductor ETF worth $198,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the stock. Independent Advisor Alliance grew its holdings in shares of First Trust Nasdaq Semiconductor ETF by 5.2% in the 3rd quarter. Independent Advisor Alliance now owns 29,972 shares of the company’s stock worth $2,796,000 after purchasing an additional 1,495 shares during the last quarter. Proactive Wealth Strategies LLC acquired a new position in First Trust Nasdaq Semiconductor ETF in the third quarter valued at about $2,484,000. FMR LLC grew its stake in First Trust Nasdaq Semiconductor ETF by 81.1% during the third quarter. FMR LLC now owns 326 shares of the company’s stock worth $30,000 after buying an additional 146 shares during the last quarter. Leelyn Smith LLC acquired a new stake in shares of First Trust Nasdaq Semiconductor ETF during the third quarter worth approximately $352,000. Finally, Tudor Financial Inc. bought a new position in shares of First Trust Nasdaq Semiconductor ETF in the third quarter valued at approximately $955,000.

First Trust Nasdaq Semiconductor ETF Price Performance

Shares of FTXL opened at $80.89 on Tuesday. The business’s 50 day simple moving average is $89.42 and its 200-day simple moving average is $90.25. First Trust Nasdaq Semiconductor ETF has a one year low of $78.34 and a one year high of $107.74. The company has a market capitalization of $270.98 million, a P/E ratio of 25.70 and a beta of 1.24.

First Trust Nasdaq Semiconductor ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were issued a dividend of $0.1657 per share. The ex-dividend date was Friday, December 13th. This is a boost from First Trust Nasdaq Semiconductor ETF’s previous dividend of $0.12.

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.