Oppenheimer & Co. Inc. Trims Holdings in First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL)

Oppenheimer & Co. Inc. reduced its holdings in shares of First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) by 14.5% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 66,113 shares of the company’s stock after selling 11,167 shares during the period. Oppenheimer & Co. Inc. owned approximately 0.43% of First Trust Nasdaq Semiconductor ETF worth $6,167,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of FTXL. International Assets Investment Management LLC purchased a new stake in shares of First Trust Nasdaq Semiconductor ETF during the second quarter worth approximately $51,000. GAMMA Investing LLC purchased a new position in First Trust Nasdaq Semiconductor ETF during the 3rd quarter worth $54,000. Northwestern Mutual Wealth Management Co. lifted its stake in shares of First Trust Nasdaq Semiconductor ETF by 24.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 940 shares of the company’s stock worth $94,000 after acquiring an additional 185 shares during the period. Comerica Bank boosted its holdings in shares of 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 acquiring an additional 410 shares in the last quarter. Finally, Concourse Financial Group Securities Inc. increased its stake in shares of First Trust Nasdaq Semiconductor ETF by 61.3% during the third 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 Up 0.2 %

NASDAQ FTXL opened at $89.30 on Friday. First Trust Nasdaq Semiconductor ETF has a 52-week low of $71.23 and a 52-week high of $107.74. The firm has a 50-day moving average price of $91.42 and a 200 day moving average price of $93.52. The stock has a market capitalization of $1.37 billion, a P/E 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. Stockholders of record on Thursday, September 26th were issued a $0.1017 dividend. The ex-dividend date was Thursday, September 26th. This represents a $0.41 annualized dividend and a dividend yield of 0.46%.

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.