Oppenheimer & Co. Inc. Sells 19,607 Shares of First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL)

Oppenheimer & Co. Inc. lowered its stake in shares of First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) by 29.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 46,506 shares of the company’s stock after selling 19,607 shares during the period. Oppenheimer & Co. Inc. owned approximately 1.26% of First Trust Nasdaq Semiconductor ETF worth $4,059,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. FMR LLC raised its stake in First Trust Nasdaq Semiconductor ETF by 81.1% during the 3rd quarter. FMR LLC now owns 326 shares of the company’s stock worth $30,000 after buying an additional 146 shares during the period. Spire Wealth Management acquired a new stake in shares of First Trust Nasdaq Semiconductor ETF during the fourth quarter worth about $42,000. Wilmington Savings Fund Society FSB bought a new position in shares of First Trust Nasdaq Semiconductor ETF during the 3rd quarter valued at about $49,000. Global Retirement Partners LLC lifted its holdings in shares of First Trust Nasdaq Semiconductor ETF by 144.8% during the 4th quarter. Global Retirement Partners LLC now owns 617 shares of the company’s stock valued at $54,000 after purchasing an additional 365 shares in the last quarter. Finally, Legacy Investment Solutions LLC acquired a new position in shares of First Trust Nasdaq Semiconductor ETF in the 3rd quarter valued at approximately $123,000.

First Trust Nasdaq Semiconductor ETF Stock Performance

Shares of FTXL stock opened at $83.89 on Friday. First Trust Nasdaq Semiconductor ETF has a 52 week low of $78.34 and a 52 week high of $107.74. The company’s 50 day moving average price is $89.42 and its two-hundred day moving average price is $90.24. The company has a market capitalization of $306.20 million, a P/E ratio of 24.77 and a beta of 1.29.

First Trust Nasdaq Semiconductor ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were issued a dividend of $0.1657 per share. This is a positive change from First Trust Nasdaq Semiconductor ETF’s previous dividend of $0.12. The ex-dividend date of this dividend was Friday, December 13th.

First Trust Nasdaq Semiconductor ETF Company 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.