First Trust Indxx NextG ETF $NXTG Shares Sold by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC decreased its holdings in First Trust Indxx NextG ETF (NASDAQ:NXTG) by 5.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 66,718 shares of the company’s stock after selling 3,733 shares during the quarter. Janney Montgomery Scott LLC owned about 1.80% of First Trust Indxx NextG ETF worth $7,467,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of NXTG. J.W. Cole Advisors Inc. grew its position in First Trust Indxx NextG ETF by 1.4% during the 4th quarter. J.W. Cole Advisors Inc. now owns 8,063 shares of the company’s stock worth $869,000 after purchasing an additional 111 shares during the last quarter. Private Advisor Group LLC raised its holdings in shares of First Trust Indxx NextG ETF by 0.7% in the third quarter. Private Advisor Group LLC now owns 20,852 shares of the company’s stock valued at $2,160,000 after buying an additional 147 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in shares of First Trust Indxx NextG ETF by 16.9% during the second quarter. JPMorgan Chase & Co. now owns 1,170 shares of the company’s stock worth $114,000 after buying an additional 169 shares during the period. Banco Santander S.A. grew its holdings in shares of First Trust Indxx NextG ETF by 6.1% during the fourth quarter. Banco Santander S.A. now owns 3,120 shares of the company’s stock worth $336,000 after buying an additional 180 shares during the last quarter. Finally, Russell Investments Group Ltd. grew its holdings in shares of First Trust Indxx NextG ETF by 1,966.7% during the third quarter. Russell Investments Group Ltd. now owns 248 shares of the company’s stock worth $26,000 after buying an additional 236 shares during the last quarter.

First Trust Indxx NextG ETF Stock Down 0.4%

NXTG opened at $147.48 on Friday. First Trust Indxx NextG ETF has a 52 week low of $95.47 and a 52 week high of $167.58. The business has a 50 day moving average price of $149.39 and a two-hundred day moving average price of $126.69. The company has a market cap of $545.68 million, a PE ratio of 22.81 and a beta of 1.03.

First Trust Indxx NextG ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were issued a $0.5768 dividend. The ex-dividend date of this dividend was Thursday, June 25th. This is an increase from First Trust Indxx NextG ETF’s previous quarterly dividend of $0.23. This represents a $2.31 dividend on an annualized basis and a dividend yield of 1.6%.

First Trust Indxx NextG ETF 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.