Tudor Financial Inc. Purchases New Position in First Trust Nasdaq Semiconductor ETF $FTXL

Tudor Financial Inc. purchased a new stake in First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 6,683 shares of the company’s stock, valued at approximately $866,000. Tudor Financial Inc. owned approximately 0.06% of First Trust Nasdaq Semiconductor ETF at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of FTXL. Nilsine Partners LLC boosted its stake in First Trust Nasdaq Semiconductor ETF by 4,499.8% in the 4th quarter. Nilsine Partners LLC now owns 175,114 shares of the company’s stock valued at $22,683,000 after buying an additional 171,307 shares in the last quarter. WCG Wealth Advisors LLC acquired a new stake in First Trust Nasdaq Semiconductor ETF in the 4th quarter valued at $16,521,000. LPL Financial LLC boosted its stake in First Trust Nasdaq Semiconductor ETF by 33.1% in the 4th quarter. LPL Financial LLC now owns 237,472 shares of the company’s stock valued at $30,761,000 after buying an additional 59,001 shares in the last quarter. CWM LLC boosted its stake in First Trust Nasdaq Semiconductor ETF by 311.2% in the 4th quarter. CWM LLC now owns 56,375 shares of the company’s stock valued at $7,303,000 after buying an additional 42,666 shares in the last quarter. Finally, World Investment Advisors acquired a new stake in First Trust Nasdaq Semiconductor ETF in the 4th quarter valued at $5,023,000.

First Trust Nasdaq Semiconductor ETF Price Performance

Shares of FTXL stock opened at $270.02 on Friday. The stock’s fifty day simple moving average is $221.61 and its 200 day simple moving average is $171.15. The firm has a market cap of $2.78 billion, a price-to-earnings ratio of 28.27 and a beta of 1.73. First Trust Nasdaq Semiconductor ETF has a one year low of $88.79 and a one year high of $280.96.

First Trust Nasdaq Semiconductor ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th were paid a $0.0131 dividend. The ex-dividend date of this dividend was Thursday, March 26th. This represents a $0.05 dividend on an annualized basis and a yield of 0.0%.

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.