Prasad Wealth Partners LLC Takes Position in First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL)

Prasad Wealth Partners LLC acquired a new position in First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 3,564 shares of the company’s stock, valued at approximately $311,000. Prasad Wealth Partners LLC owned about 0.10% of First Trust Nasdaq Semiconductor ETF at the end of the most recent quarter.

Several other large investors have also made changes to their positions in FTXL. Benjamin Edwards Inc. increased its stake in First Trust Nasdaq Semiconductor ETF by 11,762.7% during the third quarter. Benjamin Edwards Inc. now owns 150,656 shares of the company’s stock valued at $14,067,000 after acquiring an additional 149,386 shares during the period. Proactive Wealth Strategies LLC bought a new position in First Trust Nasdaq Semiconductor ETF during the 3rd quarter valued at about $2,484,000. Private Advisor Group LLC boosted its position in First Trust Nasdaq Semiconductor ETF by 151.5% in the fourth quarter. Private Advisor Group LLC now owns 28,832 shares of the company’s stock valued at $2,516,000 after buying an additional 17,368 shares in the last quarter. Tudor Financial Inc. acquired a new stake in shares of First Trust Nasdaq Semiconductor ETF during the third quarter worth approximately $955,000. Finally, Farther Finance Advisors LLC acquired a new position in shares of First Trust Nasdaq Semiconductor ETF in the 3rd quarter worth approximately $899,000.

First Trust Nasdaq Semiconductor ETF Stock Performance

Shares of FTXL opened at $87.90 on Tuesday. The stock has a fifty day moving average price of $89.65 and a two-hundred day moving average price of $90.33. The company has a market cap of $320.84 million, a price-to-earnings ratio of 24.77 and a beta of 1.29. First Trust Nasdaq Semiconductor ETF has a 52-week low of $78.34 and a 52-week high of $107.74.

First Trust Nasdaq Semiconductor ETF Increases Dividend

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were paid 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.

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.