4,803 Shares in First Trust Indxx NextG ETF (NASDAQ:NXTG) Acquired by Morey & Quinn Wealth Partners LLC

Morey & Quinn Wealth Partners LLC bought a new stake in shares of First Trust Indxx NextG ETF (NASDAQ:NXTG) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 4,803 shares of the company’s stock, valued at approximately $410,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Spire Wealth Management bought a new position in shares of First Trust Indxx NextG ETF during the 4th quarter worth approximately $151,000. Ashton Thomas Private Wealth LLC lifted its holdings in shares of First Trust Indxx NextG ETF by 7.9% during the 4th quarter. Ashton Thomas Private Wealth LLC now owns 3,588 shares of the company’s stock valued at $306,000 after purchasing an additional 263 shares during the last quarter. Truist Financial Corp grew its stake in First Trust Indxx NextG ETF by 15.8% during the 4th quarter. Truist Financial Corp now owns 5,162 shares of the company’s stock worth $440,000 after buying an additional 704 shares during the last quarter. Ameritas Advisory Services LLC increased its position in First Trust Indxx NextG ETF by 7.1% during the 4th 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 in the last quarter. Finally, International Assets Investment Management LLC purchased a new stake in First Trust Indxx NextG ETF in the fourth quarter valued at about $630,000.

First Trust Indxx NextG ETF Stock Performance

Shares of NXTG stock opened at $87.49 on Wednesday. First Trust Indxx NextG ETF has a fifty-two week low of $73.37 and a fifty-two week high of $91.29. The firm has a market capitalization of $371.81 million, a price-to-earnings ratio of 21.52 and a beta of 0.89. The stock’s 50-day simple moving average is $87.76 and its 200-day simple moving average is $86.66.

First Trust Indxx NextG ETF Profile

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.