Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL – Free Report) in the third quarter, Holdings Channel reports. The firm bought 78,278 shares of the company’s stock, valued at approximately $19,816,000.
Other institutional investors and hedge funds have also modified their holdings of the company. Compass Financial Management LLC purchased a new stake in shares of First Trust Nasdaq Semiconductor ETF during the second quarter worth $5,294,000. Kestra Advisory Services LLC boosted its position in First Trust Nasdaq Semiconductor ETF by 12.7% during the first quarter. Kestra Advisory Services LLC now owns 52,462 shares of the company’s stock valued at $7,737,000 after purchasing an additional 5,906 shares during the last quarter. The Manufacturers Life Insurance Company acquired a new stake in First Trust Nasdaq Semiconductor ETF during the first quarter valued at $636,000. Envestnet Asset Management Inc. boosted its position in First Trust Nasdaq Semiconductor ETF by 22.6% during the second quarter. Envestnet Asset Management Inc. now owns 24,808 shares of the company’s stock valued at $7,069,000 after purchasing an additional 4,581 shares during the last quarter. Finally, Royal Bank of Canada boosted its position in First Trust Nasdaq Semiconductor ETF by 84.1% during the first quarter. Royal Bank of Canada now owns 111,553 shares of the company’s stock valued at $16,451,000 after purchasing an additional 50,964 shares during the last quarter.
First Trust Nasdaq Semiconductor ETF Price Performance
Shares of NASDAQ FTXL opened at $203.92 on Tuesday. The business’s 50-day moving average price is $234.00 and its two-hundred day moving average price is $211.81. First Trust Nasdaq Semiconductor ETF has a one year low of $110.24 and a one year high of $297.36. The company has a market capitalization of $1.04 billion, a P/E ratio of 28.27 and a beta of 1.75.
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.
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