Outlook Wealth Advisors LLC Sells 673 Shares of First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL)

Outlook Wealth Advisors LLC lessened its stake in First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) by 4.3% in the fourth quarter, HoldingsChannel reports. The firm owned 15,016 shares of the company’s stock after selling 673 shares during the period. Outlook Wealth Advisors LLC’s holdings in First Trust Nasdaq Semiconductor ETF were worth $1,310,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the stock. NewEdge Advisors LLC grew its position in shares of First Trust Nasdaq Semiconductor ETF by 0.6% during the 2nd quarter. NewEdge Advisors LLC now owns 208,066 shares of the company’s stock worth $20,777,000 after buying an additional 1,227 shares during the period. Benjamin Edwards Inc. raised its position in shares of 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 worth $14,067,000 after purchasing an additional 149,386 shares during the period. Truist Financial Corp lifted its holdings in shares of First Trust Nasdaq Semiconductor ETF by 1.2% during the 2nd quarter. Truist Financial Corp now owns 108,540 shares of the company’s stock valued at $10,839,000 after purchasing an additional 1,301 shares in the last quarter. Claro Advisors LLC grew its position in shares of First Trust Nasdaq Semiconductor ETF by 2,290.5% in the 3rd quarter. Claro Advisors LLC now owns 76,617 shares of the company’s stock valued at $7,147,000 after purchasing an additional 73,412 shares during the period. Finally, Gateway Advisory LLC raised its holdings in First Trust Nasdaq Semiconductor ETF by 0.4% during the 2nd quarter. Gateway Advisory LLC now owns 64,357 shares of the company’s stock worth $6,427,000 after buying an additional 238 shares during the period.

First Trust Nasdaq Semiconductor ETF Price Performance

Shares of NASDAQ:FTXL opened at $90.44 on Thursday. The company’s 50-day moving average price is $89.24 and its two-hundred day moving average price is $91.74. The stock has a market capitalization of $388.89 million, a PE ratio of 24.77 and a beta of 1.29. First Trust Nasdaq Semiconductor ETF has a one year low of $76.99 and a one year high of $107.74.

First Trust Nasdaq Semiconductor ETF Increases Dividend

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were paid a $0.1657 dividend. This is an increase 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 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.