World Investment Advisors Takes Position in First Trust Nasdaq Semiconductor ETF $FTXL

World Investment Advisors bought a new stake in shares of First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) in the fourth quarter, Holdings Channel reports. The fund bought 38,786 shares of the company’s stock, valued at approximately $5,024,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Hilton Head Capital Partners LLC bought a new position in shares of First Trust Nasdaq Semiconductor ETF during the 4th quarter valued at approximately $26,000. Ameriflex Group Inc. bought a new position in shares of First Trust Nasdaq Semiconductor ETF during the 3rd quarter valued at approximately $31,000. Flagship Harbor Advisors LLC purchased a new stake in shares of First Trust Nasdaq Semiconductor ETF during the 4th quarter valued at approximately $47,000. NBC Securities Inc. lifted its stake in shares of First Trust Nasdaq Semiconductor ETF by 27.9% during the 4th quarter. NBC Securities Inc. now owns 394 shares of the company’s stock valued at $51,000 after buying an additional 86 shares in the last quarter. Finally, AlphaCore Capital LLC purchased a new stake in shares of First Trust Nasdaq Semiconductor ETF during the 4th quarter valued at approximately $80,000.

First Trust Nasdaq Semiconductor ETF Trading Down 0.1%

Shares of FTXL stock opened at $259.13 on Tuesday. The stock has a market capitalization of $2.67 billion, a P/E ratio of 28.27 and a beta of 1.69. The firm’s 50 day moving average is $201.49 and its 200 day moving average is $162.48. First Trust Nasdaq Semiconductor ETF has a 12 month low of $82.20 and a 12 month high of $268.77.

First Trust Nasdaq Semiconductor ETF Cuts Dividend

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

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.