Zions Bancorporation N.A. Makes New $33,000 Investment in First Trust Indxx NextG ETF (NASDAQ:NXTG)

Zions Bancorporation N.A. purchased a new stake in First Trust Indxx NextG ETF (NASDAQ:NXTG) during the 2nd quarter, HoldingsChannel reports. The fund purchased 400 shares of the company’s stock, valued at approximately $33,000.

A number of other large investors have also recently modified their holdings of the business. Benjamin F. Edwards & Company Inc. raised its stake in First Trust Indxx NextG ETF by 37.5% in the first quarter. Benjamin F. Edwards & Company Inc. now owns 55,303 shares of the company’s stock valued at $4,383,000 after purchasing an additional 15,080 shares in the last quarter. Cetera Investment Advisers raised its position in shares of First Trust Indxx NextG ETF by 63.0% during the 1st quarter. Cetera Investment Advisers now owns 33,208 shares of the company’s stock valued at $2,632,000 after buying an additional 12,833 shares in the last quarter. International Assets Investment Management LLC purchased a new stake in shares of First Trust Indxx NextG ETF during the 4th quarter valued at $729,000. Cetera Advisors LLC bought a new stake in shares of First Trust Indxx NextG ETF during the 1st quarter worth $483,000. Finally, Belpointe Asset Management LLC purchased a new position in First Trust Indxx NextG ETF in the fourth quarter worth $388,000.

First Trust Indxx NextG ETF Stock Up 0.7 %

NASDAQ NXTG opened at $85.98 on Monday. The stock’s 50-day simple moving average is $83.53 and its two-hundred day simple moving average is $80.57. First Trust Indxx NextG ETF has a twelve month low of $64.46 and a twelve month high of $86.18. The company has a market capitalization of $391.21 million, a price-to-earnings ratio of 18.31 and a beta of 0.89.

First Trust Indxx NextG ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Thursday, June 27th were issued a dividend of $0.4134 per share. The ex-dividend date was Thursday, June 27th. This represents a $1.65 dividend on an annualized basis and a dividend yield of 1.92%.

First Trust Indxx NextG ETF 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.