Raymond James Financial Inc. Takes Position in First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL)

Raymond James Financial Inc. bought a new stake in First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) during the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 240,450 shares of the company’s stock, valued at approximately $20,984,000. Raymond James Financial Inc. owned 0.06% of First Trust Nasdaq Semiconductor ETF at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of FTXL. Thrivent Financial for Lutherans increased its holdings in shares of First Trust Nasdaq Semiconductor ETF by 22.4% in the third quarter. Thrivent Financial for Lutherans now owns 31,478 shares of the company’s stock valued at $2,936,000 after purchasing an additional 5,770 shares during the period. Leelyn Smith LLC acquired a new position in shares of First Trust Nasdaq Semiconductor ETF in the third quarter valued at approximately $352,000. StoneX Group Inc. increased its holdings in shares of First Trust Nasdaq Semiconductor ETF by 1.2% in the third quarter. StoneX Group Inc. now owns 20,194 shares of the company’s stock valued at $1,884,000 after purchasing an additional 234 shares during the period. Independent Advisor Alliance increased its holdings in shares of First Trust Nasdaq Semiconductor ETF by 5.2% in the third quarter. Independent Advisor Alliance now owns 29,972 shares of the company’s stock valued at $2,796,000 after purchasing an additional 1,495 shares during the period. Finally, FMR LLC increased its holdings in shares of First Trust Nasdaq Semiconductor ETF by 81.1% in the third quarter. FMR LLC now owns 326 shares of the company’s stock valued at $30,000 after purchasing an additional 146 shares during the period.

First Trust Nasdaq Semiconductor ETF Price Performance

First Trust Nasdaq Semiconductor ETF stock opened at $80.93 on Monday. First Trust Nasdaq Semiconductor ETF has a 1-year low of $75.52 and a 1-year high of $107.74. The company has a market cap of $295.39 million, a PE ratio of 25.70 and a beta of 1.29. The stock’s 50 day moving average price is $87.52 and its 200 day moving average price is $89.27.

First Trust Nasdaq Semiconductor ETF Profile

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.