Benjamin F. Edwards & Company Inc. Purchases 381 Shares of First Trust Indxx NextG ETF (NASDAQ:NXTG)

Posted by MarketBeat News on Sep 22nd, 2024

Benjamin F. Edwards & Company Inc. raised its holdings in First Trust Indxx NextG ETF (NASDAQ:NXTG – Free Report) by 0.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 55,684 shares of the company’s stock after buying an additional 381 shares during the quarter. Benjamin F. Edwards & Company Inc. owned 1.22% of First Trust Indxx NextG ETF worth $4,562,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in NXTG. Zions Bancorporation N.A. bought a new stake in First Trust Indxx NextG ETF in the second quarter valued at about $33,000. ICA Group Wealth Management LLC acquired a new position in shares of First Trust Indxx NextG ETF in the 4th quarter worth approximately $131,000. Kingswood Wealth Advisors LLC bought a new position in shares of First Trust Indxx NextG ETF during the 1st quarter worth approximately $201,000. MONECO Advisors LLC bought a new position in shares of First Trust Indxx NextG ETF during the 2nd quarter worth approximately $246,000. Finally, CoreCap Advisors LLC acquired a new stake in First Trust Indxx NextG ETF in the 2nd quarter valued at $351,000.

First Trust Indxx NextG ETF Price Performance

First Trust Indxx NextG ETF stock opened at $86.56 on Friday. The firm has a market capitalization of $393.85 million, a P/E ratio of 18.31 and a beta of 0.89. The stock has a fifty day moving average price of $83.69 and a two-hundred day moving average price of $80.82. First Trust Indxx NextG ETF has a 52-week low of $64.46 and a 52-week high of $87.17.

First Trust Indxx NextG ETF Cuts Dividend

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The company also recently declared 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. This represents a $1.65 annualized dividend and a yield of 1.91%. The ex-dividend date was Thursday, June 27th.

About First Trust Indxx NextG ETF

(Free Report)

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.