TriaGen Wealth Management LLC Sells 16,805 Shares of First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL)

TriaGen Wealth Management LLC reduced its position in First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) by 58.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,976 shares of the company’s stock after selling 16,805 shares during the quarter. TriaGen Wealth Management LLC’s holdings in First Trust Nasdaq Semiconductor ETF were worth $1,045,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in FTXL. Nilsine Partners LLC raised its holdings in First Trust Nasdaq Semiconductor ETF by 4.8% in the fourth quarter. Nilsine Partners LLC now owns 178,580 shares of the company’s stock worth $15,585,000 after purchasing an additional 8,203 shares in the last quarter. Benjamin Edwards Inc. raised its holdings in First Trust Nasdaq Semiconductor ETF by 11,762.7% in the third quarter. Benjamin Edwards Inc. now owns 150,656 shares of the company’s stock worth $14,067,000 after purchasing an additional 149,386 shares in the last quarter. Truist Financial Corp raised its holdings in First Trust Nasdaq Semiconductor ETF by 1.2% in the second quarter. Truist Financial Corp now owns 108,540 shares of the company’s stock worth $10,839,000 after purchasing an additional 1,301 shares in the last quarter. Claro Advisors LLC raised its holdings in First Trust Nasdaq Semiconductor ETF by 2,290.5% in the third quarter. Claro Advisors LLC now owns 76,617 shares of the company’s stock worth $7,147,000 after purchasing an additional 73,412 shares in the last quarter. Finally, Cetera Investment Advisers raised its holdings in First Trust Nasdaq Semiconductor ETF by 21.9% in the second quarter. Cetera Investment Advisers now owns 36,164 shares of the company’s stock worth $3,611,000 after purchasing an additional 6,490 shares in the last quarter.

First Trust Nasdaq Semiconductor ETF Stock Performance

Shares of First Trust Nasdaq Semiconductor ETF stock opened at $88.13 on Friday. The company has a market capitalization of $326.08 million, a PE ratio of 24.77 and a beta of 1.29. The company has a 50-day simple moving average of $89.59 and a two-hundred day simple moving average of $90.79. First Trust Nasdaq Semiconductor ETF has a one year low of $78.34 and a one year high of $107.74.

First Trust Nasdaq Semiconductor ETF Increases Dividend

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were issued a $0.1657 dividend. The ex-dividend date of this dividend was Friday, December 13th. This is an increase from First Trust Nasdaq Semiconductor ETF’s previous dividend of $0.12.

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.