457 Shares in First Trust Indxx NextG ETF (NASDAQ:NXTG) Purchased by Bfsg LLC

Bfsg LLC acquired a new position in First Trust Indxx NextG ETF (NASDAQ:NXTG) in the fourth quarter, HoldingsChannel reports. The fund acquired 457 shares of the company’s stock, valued at approximately $35,000.

A number of other hedge funds also recently added to or reduced their stakes in the business. J.W. Cole Advisors Inc. lifted its stake in First Trust Indxx NextG ETF by 6.2% in the fourth quarter. J.W. Cole Advisors Inc. now owns 8,131 shares of the company’s stock worth $624,000 after acquiring an additional 474 shares during the period. Perigon Wealth Management LLC purchased a new stake in First Trust Indxx NextG ETF in the fourth quarter worth about $1,496,000. International Assets Investment Management LLC purchased a new stake in First Trust Indxx NextG ETF in the fourth quarter worth about $729,000. Insight Advisors LLC PA purchased a new stake in shares of First Trust Indxx NextG ETF during the fourth quarter valued at about $231,000. Finally, B. Riley Wealth Advisors Inc. lifted its position in shares of First Trust Indxx NextG ETF by 6.8% during the third quarter. B. Riley Wealth Advisors Inc. now owns 8,096 shares of the company’s stock valued at $549,000 after buying an additional 519 shares during the last quarter.

First Trust Indxx NextG ETF Stock Performance

NXTG stock opened at $75.45 on Friday. The firm has a market cap of $369.71 million, a price-to-earnings ratio of 18.09 and a beta of 0.89. The firm has a 50-day simple moving average of $77.74 and a two-hundred day simple moving average of $74.53. First Trust Indxx NextG ETF has a one year low of $64.46 and a one year high of $81.22.

First Trust Indxx NextG ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 22nd were given a dividend of $0.044 per share. This represents a $0.18 annualized dividend and a dividend yield of 0.23%. The ex-dividend date of this dividend was Thursday, March 21st.

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.