Alaska Permanent Capital Management LLC Takes Position in First Trust Nasdaq Semiconductor ETF $FTXL

Alaska Permanent Capital Management LLC acquired a new position in First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) in the first quarter, Holdings Channel.com reports. The fund acquired 43,773 shares of the company’s stock, valued at approximately $6,466,000. First Trust Nasdaq Semiconductor ETF accounts for approximately 0.5% of Alaska Permanent Capital Management LLC’s holdings, making the stock its 20th largest holding.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. First Trust Advisors LP acquired a new position in First Trust Nasdaq Semiconductor ETF during the 4th quarter valued at about $735,882,000. Morgan Stanley boosted its holdings in First Trust Nasdaq Semiconductor ETF by 57.6% in the fourth quarter. Morgan Stanley now owns 487,464 shares of the company’s stock worth $63,144,000 after acquiring an additional 178,099 shares in the last quarter. Wells Fargo & Company MN boosted its holdings in First Trust Nasdaq Semiconductor ETF by 238.2% in the fourth quarter. Wells Fargo & Company MN now owns 352,977 shares of the company’s stock worth $45,723,000 after acquiring an additional 248,623 shares in the last quarter. LPL Financial LLC grew its stake in shares of First Trust Nasdaq Semiconductor ETF by 33.1% during the fourth quarter. LPL Financial LLC now owns 237,472 shares of the company’s stock worth $30,761,000 after acquiring an additional 59,001 shares during the last quarter. Finally, Nilsine Partners LLC grew its stake in shares of First Trust Nasdaq Semiconductor ETF by 4,499.8% during the fourth quarter. Nilsine Partners LLC now owns 175,114 shares of the company’s stock worth $22,683,000 after acquiring an additional 171,307 shares during the last quarter.

First Trust Nasdaq Semiconductor ETF Stock Down 6.4%

Shares of First Trust Nasdaq Semiconductor ETF stock opened at $266.78 on Thursday. The company has a 50 day moving average price of $249.35 and a 200 day moving average price of $185.21. The firm has a market capitalization of $2.75 billion, a P/E ratio of 28.27 and a beta of 1.73. First Trust Nasdaq Semiconductor ETF has a 52 week low of $93.61 and a 52 week high of $297.36.

First Trust Nasdaq Semiconductor ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were issued a dividend of $0.0356 per share. This represents a $0.14 dividend on an annualized basis and a dividend yield of 0.1%. This is a boost from First Trust Nasdaq Semiconductor ETF’s previous quarterly dividend of $0.01. The ex-dividend date of this dividend was Thursday, June 25th.

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.