Kiker Wealth Management LLC Acquires Shares of 58,344 First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL)

Kiker Wealth Management LLC acquired a new stake in shares of First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 58,344 shares of the company’s stock, valued at approximately $5,092,000. First Trust Nasdaq Semiconductor ETF comprises 4.1% of Kiker Wealth Management LLC’s portfolio, making the stock its 5th largest holding. Kiker Wealth Management LLC owned approximately 1.60% of First Trust Nasdaq Semiconductor ETF as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. FMR LLC raised its stake in First Trust Nasdaq Semiconductor ETF by 81.1% during the 3rd quarter. FMR LLC now owns 326 shares of the company’s stock valued at $30,000 after acquiring an additional 146 shares during the last quarter. SBI Securities Co. Ltd. purchased a new position in shares of First Trust Nasdaq Semiconductor ETF during the 4th quarter worth approximately $39,000. Spire Wealth Management purchased a new position in shares of First Trust Nasdaq Semiconductor ETF during the 4th quarter worth approximately $42,000. Wilmington Savings Fund Society FSB purchased a new position in shares of First Trust Nasdaq Semiconductor ETF during the 3rd quarter worth approximately $49,000. Finally, Global Retirement Partners LLC raised its stake in shares of First Trust Nasdaq Semiconductor ETF by 144.8% during the 4th quarter. Global Retirement Partners LLC now owns 617 shares of the company’s stock worth $54,000 after buying an additional 365 shares in the last quarter.

First Trust Nasdaq Semiconductor ETF Trading Down 1.0 %

Shares of FTXL stock opened at $81.05 on Friday. The company has a market cap of $255.31 million, a price-to-earnings ratio of 27.96 and a beta of 1.24. The stock has a 50 day simple moving average of $86.77 and a 200-day simple moving average of $89.02. First Trust Nasdaq Semiconductor ETF has a 12-month low of $75.52 and a 12-month high of $107.74.

About First Trust Nasdaq Semiconductor ETF

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.