Ashton Thomas Private Wealth LLC Increases Stock Position in First Trust Indxx NextG ETF (NASDAQ:NXTG)

Ashton Thomas Private Wealth LLC boosted its stake in First Trust Indxx NextG ETF (NASDAQ:NXTG) by 7.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,588 shares of the company’s stock after acquiring an additional 263 shares during the period. Ashton Thomas Private Wealth LLC owned about 0.08% of First Trust Indxx NextG ETF worth $306,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. First Horizon Advisors Inc. purchased a new stake in First Trust Indxx NextG ETF in the third quarter valued at $44,000. Spire Wealth Management purchased a new stake in shares of First Trust Indxx NextG ETF in the fourth quarter valued at about $151,000. Truist Financial Corp raised its holdings in shares of First Trust Indxx NextG ETF by 15.8% in the fourth quarter. Truist Financial Corp now owns 5,162 shares of the company’s stock valued at $440,000 after buying an additional 704 shares during the last quarter. Ameritas Advisory Services LLC raised its holdings in shares of First Trust Indxx NextG ETF by 7.1% in the fourth quarter. Ameritas Advisory Services LLC now owns 5,435 shares of the company’s stock valued at $464,000 after buying an additional 358 shares during the last quarter. Finally, Prospera Financial Services Inc raised its holdings in shares of First Trust Indxx NextG ETF by 38.6% in the third quarter. Prospera Financial Services Inc now owns 6,783 shares of the company’s stock valued at $593,000 after buying an additional 1,889 shares during the last quarter.

First Trust Indxx NextG ETF Stock Performance

Shares of NASDAQ:NXTG opened at $85.77 on Wednesday. The company has a 50-day simple moving average of $87.36 and a 200-day simple moving average of $86.50. First Trust Indxx NextG ETF has a one year low of $73.37 and a one year high of $91.29. The stock has a market capitalization of $355.95 million, a price-to-earnings ratio of 21.52 and a beta of 0.86.

First Trust Indxx NextG ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were issued a $0.4269 dividend. The ex-dividend date of this dividend was Friday, December 13th.

About First Trust Indxx NextG ETF

The First Trust IndXX NextG ETF (NXTG) is an exchange-traded fund that is based on the Indxx 5G & NextG Thematic index. The fund tracks a tiered-weighted index of global equities related to next generation digital cellular technologies. NXTG was launched on Feb 17, 2011 and is managed by First Trust.