35,997 Shares in First Trust Nasdaq Bank ETF (NASDAQ:FTXO) Acquired by Bank of New York Mellon Corp

Bank of New York Mellon Corp purchased a new stake in First Trust Nasdaq Bank ETF (NASDAQ:FTXO) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 35,997 shares of the company’s stock, valued at approximately $1,145,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. HBW Advisory Services LLC grew its holdings in shares of First Trust Nasdaq Bank ETF by 4.6% in the 4th quarter. HBW Advisory Services LLC now owns 7,807 shares of the company’s stock worth $248,000 after acquiring an additional 345 shares during the last quarter. D.A. Davidson & CO. boosted its position in shares of First Trust Nasdaq Bank ETF by 7.9% in the 3rd quarter. D.A. Davidson & CO. now owns 8,154 shares of the company’s stock valued at $237,000 after purchasing an additional 600 shares during the period. Wagner Wealth Management LLC increased its stake in First Trust Nasdaq Bank ETF by 0.5% in the 4th quarter. Wagner Wealth Management LLC now owns 167,920 shares of the company’s stock worth $5,341,000 after purchasing an additional 855 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. raised its holdings in First Trust Nasdaq Bank ETF by 284.6% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,365 shares of the company’s stock worth $75,000 after buying an additional 1,750 shares during the period. Finally, Principal Securities Inc. lifted its stake in First Trust Nasdaq Bank ETF by 215.5% during the fourth quarter. Principal Securities Inc. now owns 4,442 shares of the company’s stock valued at $141,000 after buying an additional 3,034 shares in the last quarter.

First Trust Nasdaq Bank ETF Price Performance

Shares of FTXO opened at $31.19 on Tuesday. The company has a 50-day moving average of $32.69 and a two-hundred day moving average of $31.91. The stock has a market cap of $213.65 million, a price-to-earnings ratio of 12.83 and a beta of 1.11. First Trust Nasdaq Bank ETF has a one year low of $24.72 and a one year high of $35.58.

First Trust Nasdaq Bank ETF Profile

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.