MinichMacGregor Wealth Management LLC Sells 372 Shares of First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL)

MinichMacGregor Wealth Management LLC lessened its holdings in shares of First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) by 4.6% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 7,693 shares of the company’s stock after selling 372 shares during the period. MinichMacGregor Wealth Management LLC owned 0.05% of First Trust Nasdaq Semiconductor ETF worth $718,000 as of its most recent filing with the SEC.

Several other large investors have also bought and sold shares of FTXL. International Assets Investment Management LLC bought a new stake in First Trust Nasdaq Semiconductor ETF in the second quarter valued at approximately $51,000. GAMMA Investing LLC bought a new stake in shares of First Trust Nasdaq Semiconductor ETF in the 3rd quarter valued at $54,000. Northwestern Mutual Wealth Management Co. raised its stake in First Trust Nasdaq Semiconductor ETF by 24.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 940 shares of the company’s stock worth $94,000 after buying an additional 185 shares during the last quarter. Comerica Bank lifted its holdings in First Trust Nasdaq Semiconductor ETF by 30.5% in the first quarter. Comerica Bank now owns 1,754 shares of the company’s stock valued at $159,000 after buying an additional 410 shares during the period. Finally, Concourse Financial Group Securities Inc. grew its holdings in First Trust Nasdaq Semiconductor ETF by 61.3% during the 3rd quarter. Concourse Financial Group Securities Inc. now owns 1,900 shares of the company’s stock worth $177,000 after acquiring an additional 722 shares during the period.

First Trust Nasdaq Semiconductor ETF Stock Performance

Shares of FTXL stock traded up $0.78 during mid-day trading on Tuesday, hitting $89.71. The company’s stock had a trading volume of 4,118 shares, compared to its average volume of 63,409. First Trust Nasdaq Semiconductor ETF has a 52 week low of $66.41 and a 52 week high of $107.74. The company’s fifty day simple moving average is $91.21 and its 200-day simple moving average is $93.19. The company has a market cap of $1.38 billion, a PE ratio of 24.77 and a beta of 1.29.

First Trust Nasdaq Semiconductor ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were issued a dividend of $0.1017 per share. This represents a $0.41 dividend on an annualized basis and a dividend yield of 0.45%. The ex-dividend date was Thursday, September 26th.

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.