First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) Shares Sold by LPL Financial LLC

LPL Financial LLC decreased its position in First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) by 15.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 243,995 shares of the company’s stock after selling 44,764 shares during the period. LPL Financial LLC owned approximately 0.07% of First Trust Nasdaq Semiconductor ETF worth $21,293,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the company. Raymond James Financial Inc. bought a new position in First Trust Nasdaq Semiconductor ETF in the 4th quarter worth approximately $20,984,000. NewSquare Capital LLC increased its stake in shares of First Trust Nasdaq Semiconductor ETF by 1.0% during the fourth quarter. NewSquare Capital LLC now owns 230,802 shares of the company’s stock valued at $20,142,000 after acquiring an additional 2,193 shares during the period. Nilsine Partners LLC increased its holdings in shares of First Trust Nasdaq Semiconductor ETF by 4.8% in the fourth quarter. Nilsine Partners LLC now owns 178,580 shares of the company’s stock valued at $15,585,000 after buying an additional 8,203 shares in the last quarter. Benjamin Edwards Inc. raised its position in shares of First Trust Nasdaq Semiconductor ETF by 11,762.7% during the third quarter. Benjamin Edwards Inc. now owns 150,656 shares of the company’s stock worth $14,067,000 after purchasing an additional 149,386 shares during the period. Finally, Truist Financial Corp lifted its stake in First Trust Nasdaq Semiconductor ETF by 1.4% during the fourth quarter. Truist Financial Corp now owns 109,903 shares of the company’s stock valued at $9,591,000 after buying an additional 1,484 shares in the last quarter.

First Trust Nasdaq Semiconductor ETF Stock Down 3.1 %

Shares of NASDAQ:FTXL opened at $75.99 on Monday. First Trust Nasdaq Semiconductor ETF has a 12-month low of $75.49 and a 12-month high of $107.74. The company has a market cap of $277.36 million, a P/E ratio of 27.96 and a beta of 1.29. The company’s fifty day moving average is $85.58 and its two-hundred day moving average is $88.76.

First Trust Nasdaq Semiconductor ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 27th will be issued a $0.0342 dividend. The ex-dividend date of this dividend is Thursday, March 27th. This represents a $0.14 dividend on an annualized basis and a yield of 0.18%.

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.