25,414 Shares of First Trust Nasdaq Transportation ETF $FTXR Bought by Trust Co. of Oklahoma

Trust Co. of Oklahoma purchased a new position in First Trust Nasdaq Transportation ETF (NASDAQ:FTXR) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 25,414 shares of the company’s stock, valued at approximately $1,036,000. Trust Co. of Oklahoma owned 0.11% of First Trust Nasdaq Transportation ETF at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of FTXR. Atwood & Palmer Inc. purchased a new position in shares of First Trust Nasdaq Transportation ETF during the 3rd quarter valued at approximately $33,000. Envestnet Asset Management Inc. lifted its holdings in First Trust Nasdaq Transportation ETF by 35.6% during the second quarter. Envestnet Asset Management Inc. now owns 53,207 shares of the company’s stock valued at $2,425,000 after purchasing an additional 13,970 shares in the last quarter. NewEdge Advisors LLC lifted its holdings in First Trust Nasdaq Transportation ETF by 6.6% during the second quarter. NewEdge Advisors LLC now owns 408,346 shares of the company’s stock valued at $18,609,000 after purchasing an additional 25,341 shares in the last quarter. Nilsine Partners LLC grew its position in shares of First Trust Nasdaq Transportation ETF by 2.6% in the second quarter. Nilsine Partners LLC now owns 465,155 shares of the company’s stock valued at $21,198,000 after purchasing an additional 11,794 shares during the period. Finally, Tudor Financial Inc. grew its position in shares of First Trust Nasdaq Transportation ETF by 1,108.9% in the second quarter. Tudor Financial Inc. now owns 22,111 shares of the company’s stock valued at $1,008,000 after purchasing an additional 20,282 shares during the period.

First Trust Nasdaq Transportation ETF Stock Performance

Shares of FTXR stock traded up $0.28 on Thursday, reaching $41.29. 10,463 shares of the company were exchanged, compared to its average volume of 472,088. The company has a market cap of $993.02 million, a price-to-earnings ratio of 11.80 and a beta of 1.31. The business has a 50-day moving average price of $43.03 and a 200 day moving average price of $42.99. First Trust Nasdaq Transportation ETF has a 1 year low of $34.13 and a 1 year high of $46.17.

First Trust Nasdaq Transportation ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Thursday, September 24th were given a dividend of $0.1191 per share. The ex-dividend date was Thursday, September 24th. This is a negative change from First Trust Nasdaq Transportation ETF’s previous quarterly dividend of $0.1268. This represents a $0.48 annualized dividend and a dividend yield of 1.2%.

About First Trust Nasdaq Transportation ETF

The First Trust Nasdaq Transportation ETF (FTXR) is an exchange-traded fund that is based on the Nasdaq US Smart Transportation index. The fund tracks an index composed of 30 US transportation companies. Holdings are selected by liquidity and weighted based on volatility, value and growth factors. FTXR was launched on Sep 20, 2016 and is managed by First Trust.