Realta Investment Advisors Invests $693,000 in First Trust Nasdaq Semiconductor ETF $FTXL

Realta Investment Advisors bought a new stake in First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) during the fourth quarter, HoldingsChannel.com reports. The fund bought 5,351 shares of the company’s stock, valued at approximately $693,000.

Several other hedge funds have also bought and sold shares of the company. Nilsine Partners LLC grew its holdings in First Trust Nasdaq Semiconductor ETF by 4,499.8% during the fourth quarter. Nilsine Partners LLC now owns 175,114 shares of the company’s stock worth $22,683,000 after purchasing an additional 171,307 shares during the period. Trust Co. of Oklahoma acquired a new position in First Trust Nasdaq Semiconductor ETF during the fourth quarter worth approximately $1,399,000. Global View Capital Management LLC bought a new stake in First Trust Nasdaq Semiconductor ETF in the fourth quarter valued at approximately $785,000. Wealthcare Advisory Partners LLC raised its stake in First Trust Nasdaq Semiconductor ETF by 46.9% in the fourth quarter. Wealthcare Advisory Partners LLC now owns 3,605 shares of the company’s stock valued at $467,000 after buying an additional 1,151 shares during the period. Finally, Signal Advisors Wealth LLC acquired a new stake in shares of First Trust Nasdaq Semiconductor ETF in the fourth quarter valued at approximately $313,000.

First Trust Nasdaq Semiconductor ETF Stock Performance

Shares of NASDAQ FTXL opened at $153.17 on Friday. First Trust Nasdaq Semiconductor ETF has a 12 month low of $59.72 and a 12 month high of $163.32. The stock has a 50 day moving average of $152.80 and a 200-day moving average of $135.46. The company has a market capitalization of $1.54 billion, a P/E ratio of 28.27 and a beta of 1.41.

First Trust Nasdaq Semiconductor ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th were issued a dividend of $0.0131 per share. The ex-dividend date of this dividend was Thursday, March 26th. This represents a $0.05 annualized dividend and a yield of 0.0%.

First Trust Nasdaq Semiconductor ETF Profile

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.