First Trust Nasdaq Bank ETF (NASDAQ:FTXO) Shares Sold by Avantax Advisory Services Inc.

Avantax Advisory Services Inc. cut its position in shares of First Trust Nasdaq Bank ETF (NASDAQ:FTXOFree Report) by 13.9% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 47,870 shares of the company’s stock after selling 7,752 shares during the quarter. Avantax Advisory Services Inc.’s holdings in First Trust Nasdaq Bank ETF were worth $1,209,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of FTXO. Principal Securities Inc. purchased a new stake in First Trust Nasdaq Bank ETF in the 4th quarter worth approximately $33,000. NBC Securities Inc. acquired a new position in shares of First Trust Nasdaq Bank ETF in the 3rd quarter valued at about $170,000. Atria Wealth Solutions Inc. grew its holdings in shares of First Trust Nasdaq Bank ETF by 5.1% during the 3rd quarter. Atria Wealth Solutions Inc. now owns 10,299 shares of the company’s stock worth $213,000 after purchasing an additional 501 shares during the period. Park Avenue Securities LLC purchased a new position in First Trust Nasdaq Bank ETF in the third quarter valued at approximately $222,000. Finally, Envestnet Portfolio Solutions Inc. acquired a new position in First Trust Nasdaq Bank ETF during the third quarter valued at approximately $344,000.

First Trust Nasdaq Bank ETF Stock Up 0.2 %

FTXO opened at $27.54 on Friday. First Trust Nasdaq Bank ETF has a 52-week low of $18.94 and a 52-week high of $27.80. The company has a 50 day moving average of $26.35 and a two-hundred day moving average of $24.86. The company has a market cap of $115.65 million, a P/E ratio of 10.77 and a beta of 1.11.

First Trust Nasdaq Bank ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 22nd were given a dividend of $0.1069 per share. The ex-dividend date of this dividend was Thursday, March 21st.

First Trust Nasdaq Bank ETF Company Profile

(Free Report)

The First Trust Nasdaq Bank ETF (FTXO) is an exchange-traded fund that is based on the NASDAQ US Banks index. The fund tracks an index composed of the most liquid US banking companies. Holdings are selected by their liquidity, and weighted based on volatility, value, and growth factors. FTXO was launched on Sep 20, 2016 and is managed by First Trust.

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Want to see what other hedge funds are holding FTXO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Nasdaq Bank ETF (NASDAQ:FTXOFree Report).

Institutional Ownership by Quarter for First Trust Nasdaq Bank ETF (NASDAQ:FTXO)

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