Thrivent Financial for Lutherans Trims Stock Position in First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL)

Thrivent Financial for Lutherans decreased its position in First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) by 24.1% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 23,890 shares of the company’s stock after selling 7,588 shares during the period. Thrivent Financial for Lutherans owned 0.65% of First Trust Nasdaq Semiconductor ETF worth $2,085,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. FMR LLC grew its position in shares of First Trust Nasdaq Semiconductor ETF by 81.1% during the 3rd quarter. FMR LLC now owns 326 shares of the company’s stock worth $30,000 after buying an additional 146 shares in the last quarter. SBI Securities Co. Ltd. bought a new position in First Trust Nasdaq Semiconductor ETF in the fourth quarter worth about $39,000. Spire Wealth Management purchased a new stake in shares of First Trust Nasdaq Semiconductor ETF during the fourth quarter valued at about $42,000. Wilmington Savings Fund Society FSB bought a new stake in shares of First Trust Nasdaq Semiconductor ETF in the 3rd quarter valued at about $49,000. Finally, Global Retirement Partners LLC grew its position in shares of First Trust Nasdaq Semiconductor ETF by 144.8% in the 4th quarter. Global Retirement Partners LLC now owns 617 shares of the company’s stock worth $54,000 after buying an additional 365 shares during the last quarter.

First Trust Nasdaq Semiconductor ETF Stock Down 3.1 %

NASDAQ:FTXL opened at $75.99 on Friday. The stock has a market capitalization of $277.36 million, a price-to-earnings ratio of 27.96 and a beta of 1.29. First Trust Nasdaq Semiconductor ETF has a 52 week low of $75.49 and a 52 week high of $107.74. The firm has a 50 day moving average of $85.58 and a 200 day moving average of $88.73.

First Trust Nasdaq Semiconductor ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, March 27th will be issued a dividend of $0.0342 per share. The ex-dividend date is Thursday, March 27th. This represents a $0.14 annualized dividend and a dividend yield of 0.18%.

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.