Private Advisor Group LLC Boosts Position in First Trust Indxx NextG ETF (NASDAQ:NXTG)

Private Advisor Group LLC raised its stake in First Trust Indxx NextG ETF (NASDAQ:NXTG) by 2.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 44,147 shares of the company’s stock after buying an additional 998 shares during the period. Private Advisor Group LLC’s holdings in First Trust Indxx NextG ETF were worth $3,856,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently added to or reduced their stakes in the stock. Zions Bancorporation N.A. bought a new stake in shares of First Trust Indxx NextG ETF during the second quarter valued at approximately $33,000. Kingswood Wealth Advisors LLC bought a new position in shares of First Trust Indxx NextG ETF during the 1st quarter worth $201,000. MONECO Advisors LLC purchased a new position in shares of First Trust Indxx NextG ETF during the second quarter valued at $246,000. CoreCap Advisors LLC bought a new stake in shares of First Trust Indxx NextG ETF in the second quarter valued at about $351,000. Finally, Banco Santander S.A. lifted its stake in First Trust Indxx NextG ETF by 65.5% in the second quarter. Banco Santander S.A. now owns 5,510 shares of the company’s stock worth $451,000 after acquiring an additional 2,180 shares during the period.

First Trust Indxx NextG ETF Price Performance

Shares of First Trust Indxx NextG ETF stock opened at $86.57 on Monday. The stock has a market cap of $380.91 million, a price-to-earnings ratio of 18.31 and a beta of 0.89. The firm’s 50-day moving average is $86.25 and its two-hundred day moving average is $82.31. First Trust Indxx NextG ETF has a 1 year low of $64.46 and a 1 year high of $88.84.

First Trust Indxx NextG ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were paid a dividend of $0.4009 per share. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.85%.

First Trust Indxx NextG ETF Company 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.