First Trust Nasdaq Semiconductor ETF (FTXL) to Issue Quarterly Dividend of $0.01 on March 31st

First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) announced a quarterly dividend on Wednesday, March 25th, NASDAQ Dividends reports. Stockholders of record on Thursday, March 26th will be given a dividend of 0.0131 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a dividend yield of 0.0%. The ex-dividend date of this dividend is Thursday, March 26th.

First Trust Nasdaq Semiconductor ETF Stock Down 4.6%

FTXL stock opened at $148.06 on Friday. The company has a market cap of $1.53 billion, a price-to-earnings ratio of 28.27 and a beta of 1.41. The business has a fifty day simple moving average of $153.04 and a 200-day simple moving average of $133.39. First Trust Nasdaq Semiconductor ETF has a 52 week low of $59.72 and a 52 week high of $163.32.

Institutional Investors Weigh In On First Trust Nasdaq Semiconductor ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in FTXL. Hilton Head Capital Partners LLC acquired a new position in shares of First Trust Nasdaq Semiconductor ETF in the 4th quarter valued at about $26,000. Ameriflex Group Inc. acquired a new stake in First Trust Nasdaq Semiconductor ETF during the 3rd quarter worth approximately $31,000. Flagship Harbor Advisors LLC acquired a new stake in First Trust Nasdaq Semiconductor ETF during the 4th quarter worth approximately $47,000. NBC Securities Inc. raised its holdings in First Trust Nasdaq Semiconductor ETF by 27.9% in the fourth quarter. NBC Securities Inc. now owns 394 shares of the company’s stock valued at $51,000 after buying an additional 86 shares during the period. Finally, AlphaCore Capital LLC purchased a new position in First Trust Nasdaq Semiconductor ETF in the fourth quarter valued at approximately $80,000.

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.