Private Advisor Group LLC Acquires 7,470 Shares of First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL)

Private Advisor Group LLC grew its holdings in First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) by 192.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 11,359 shares of the company’s stock after purchasing an additional 7,470 shares during the period. Private Advisor Group LLC owned approximately 0.07% of First Trust Nasdaq Semiconductor ETF worth $1,134,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of FTXL. Wells Fargo & Company MN grew its stake in First Trust Nasdaq Semiconductor ETF by 58.2% during the fourth quarter. Wells Fargo & Company MN now owns 353,807 shares of the company’s stock valued at $28,846,000 after acquiring an additional 130,183 shares in the last quarter. BNP Paribas Financial Markets purchased a new position in First Trust Nasdaq Semiconductor ETF during the first quarter valued at approximately $4,527,000. Oppenheimer & Co. Inc. grew its stake in First Trust Nasdaq Semiconductor ETF by 41.4% during the first quarter. Oppenheimer & Co. Inc. now owns 76,392 shares of the company’s stock valued at $6,917,000 after acquiring an additional 22,377 shares in the last quarter. Cetera Investment Advisers grew its stake in First Trust Nasdaq Semiconductor ETF by 170.4% during the first quarter. Cetera Investment Advisers now owns 29,674 shares of the company’s stock valued at $2,687,000 after acquiring an additional 18,700 shares in the last quarter. Finally, Janney Montgomery Scott LLC grew its stake in First Trust Nasdaq Semiconductor ETF by 25.7% during the first quarter. Janney Montgomery Scott LLC now owns 76,626 shares of the company’s stock valued at $6,938,000 after acquiring an additional 15,662 shares in the last quarter.

First Trust Nasdaq Semiconductor ETF Trading Up 2.1 %

Shares of NASDAQ:FTXL opened at $89.95 on Monday. The company has a 50 day moving average of $92.96 and a 200 day moving average of $92.40. The stock has a market cap of $1.43 billion, a P/E ratio of 24.77 and a beta of 1.29. First Trust Nasdaq Semiconductor ETF has a 12 month low of $61.62 and a 12 month high of $107.74.

First Trust Nasdaq Semiconductor ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, June 28th. Investors of record on Thursday, June 27th were paid a dividend of $0.1248 per share. The ex-dividend date was Thursday, June 27th. This is a boost from First Trust Nasdaq Semiconductor ETF’s previous dividend of $0.08.

About First Trust Nasdaq Semiconductor ETF

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.