First PREMIER Bank trimmed its position in First Trust Indxx NextG ETF (NASDAQ:NXTG – Free Report) by 0.5% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 25,290 shares of the company’s stock after selling 133 shares during the quarter. First PREMIER Bank’s holdings in First Trust Indxx NextG ETF were worth $2,209,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in NXTG. ICA Group Wealth Management LLC purchased a new stake in shares of First Trust Indxx NextG ETF in the fourth quarter worth $131,000. Kingswood Wealth Advisors LLC purchased a new stake in First Trust Indxx NextG ETF in the 1st quarter worth $201,000. Benjamin F. Edwards & Company Inc. raised its holdings in First Trust Indxx NextG ETF by 37.5% during the first quarter. Benjamin F. Edwards & Company Inc. now owns 55,303 shares of the company’s stock valued at $4,383,000 after acquiring an additional 15,080 shares during the period. Janney Montgomery Scott LLC lifted its position in shares of First Trust Indxx NextG ETF by 1.2% in the first quarter. Janney Montgomery Scott LLC now owns 90,151 shares of the company’s stock valued at $7,145,000 after acquiring an additional 1,090 shares in the last quarter. Finally, B. Riley Wealth Advisors Inc. boosted its stake in shares of First Trust Indxx NextG ETF by 24.8% in the first quarter. B. Riley Wealth Advisors Inc. now owns 8,096 shares of the company’s stock worth $642,000 after acquiring an additional 1,611 shares during the period.
First Trust Indxx NextG ETF Trading Down 0.5 %
NASDAQ:NXTG opened at $86.90 on Wednesday. The stock has a 50-day moving average price of $84.64 and a 200 day moving average price of $81.52. First Trust Indxx NextG ETF has a 12-month low of $64.46 and a 12-month high of $88.84. The stock has a market capitalization of $382.36 million, a P/E ratio of 18.31 and a beta of 0.89.
First Trust Indxx NextG ETF Cuts Dividend
About First Trust Indxx NextG ETF
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.
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