First Trust Nasdaq Transportation ETF (NASDAQ:FTXR) Plans Dividend Increase – $0.40 Per Share

First Trust Nasdaq Transportation ETF (NASDAQ:FTXR) announced a dividend on Thursday, December 12th,NASDAQ Dividends reports. Shareholders of record on Friday, December 13th will be given a dividend of 0.3989 per share on Tuesday, December 31st. The ex-dividend date of this dividend is Friday, December 13th. This is a positive change from First Trust Nasdaq Transportation ETF’s previous dividend of $0.09.

First Trust Nasdaq Transportation ETF Price Performance

Shares of First Trust Nasdaq Transportation ETF stock traded down $0.34 on Friday, hitting $35.79. The company had a trading volume of 4,629 shares, compared to its average volume of 4,348. First Trust Nasdaq Transportation ETF has a 52 week low of $28.05 and a 52 week high of $37.32. The company has a market cap of $34.00 million, a PE ratio of 16.14 and a beta of 1.37. The business has a 50-day simple moving average of $34.47 and a 200-day simple moving average of $32.06.

First Trust Nasdaq Transportation ETF Company Profile

The First Trust Nasdaq Transportation ETF (FTXR) is an exchange-traded fund that is based on the Nasdaq US Smart Transportation index. The fund tracks an index composed of 30 US transportation companies. Holdings are selected by liquidity and weighted based on volatility, value and growth factors. FTXR was launched on Sep 20, 2016 and is managed by First Trust.