Signature Estate & Investment Advisors LLC Makes New $203,000 Investment in First Trust Nasdaq Transportation ETF (NASDAQ:FTXR)

Signature Estate & Investment Advisors LLC bought a new stake in First Trust Nasdaq Transportation ETF (NASDAQ:FTXR) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 5,911 shares of the company’s stock, valued at approximately $203,000. Signature Estate & Investment Advisors LLC owned approximately 0.62% of First Trust Nasdaq Transportation ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Separately, Benjamin Edwards Inc. acquired a new stake in First Trust Nasdaq Transportation ETF in the 3rd quarter valued at about $1,047,000.

First Trust Nasdaq Transportation ETF Trading Down 2.1 %

Shares of NASDAQ FTXR opened at $30.30 on Friday. First Trust Nasdaq Transportation ETF has a 1-year low of $28.05 and a 1-year high of $37.32. The company has a 50-day moving average of $33.03 and a two-hundred day moving average of $33.64. The company has a market cap of $28.79 million, a PE ratio of 14.12 and a beta of 1.37.

First Trust Nasdaq Transportation ETF Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, March 27th will be given a dividend of $0.1173 per share. The ex-dividend date of this dividend is Thursday, March 27th. This represents a $0.47 dividend on an annualized basis and a dividend yield of 1.55%.

About First Trust Nasdaq Transportation ETF

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.