NewSquare Capital LLC Reduces Stock Holdings in First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL)

NewSquare Capital LLC decreased its holdings in First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) by 36.3% in the fourth quarter, HoldingsChannel.com reports. The fund owned 178,690 shares of the company’s stock after selling 101,758 shares during the period. First Trust Nasdaq Semiconductor ETF comprises about 1.4% of NewSquare Capital LLC’s portfolio, making the stock its 14th largest holding. NewSquare Capital LLC’s holdings in First Trust Nasdaq Semiconductor ETF were worth $14,569,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. O Dell Group LLC lifted its stake in First Trust Nasdaq Semiconductor ETF by 0.7% in the third quarter. O Dell Group LLC now owns 300,662 shares of the company’s stock worth $20,334,000 after acquiring an additional 2,020 shares during the period. LPL Financial LLC boosted its holdings in shares of First Trust Nasdaq Semiconductor ETF by 25.6% during the 3rd quarter. LPL Financial LLC now owns 207,904 shares of the company’s stock valued at $14,061,000 after buying an additional 42,401 shares in the last quarter. WCG Wealth Advisors LLC boosted its holdings in shares of First Trust Nasdaq Semiconductor ETF by 6.3% during the 3rd quarter. WCG Wealth Advisors LLC now owns 147,614 shares of the company’s stock valued at $10,084,000 after buying an additional 8,787 shares in the last quarter. Nilsine Partners LLC boosted its holdings in shares of First Trust Nasdaq Semiconductor ETF by 103.5% during the 3rd quarter. Nilsine Partners LLC now owns 128,441 shares of the company’s stock valued at $8,686,000 after buying an additional 65,336 shares in the last quarter. Finally, Janney Montgomery Scott LLC boosted its holdings in shares of First Trust Nasdaq Semiconductor ETF by 1.9% during the 3rd quarter. Janney Montgomery Scott LLC now owns 59,982 shares of the company’s stock valued at $4,057,000 after buying an additional 1,144 shares in the last quarter.

First Trust Nasdaq Semiconductor ETF Stock Up 1.8 %

Shares of FTXL stock traded up $1.47 during mid-day trading on Tuesday, reaching $82.54. 144,861 shares of the company’s stock traded hands, compared to its average volume of 107,630. First Trust Nasdaq Semiconductor ETF has a 12 month low of $57.43 and a 12 month high of $95.48. The company has a market cap of $1.32 billion, a P/E ratio of 22.46 and a beta of 1.71. The company’s 50-day moving average price is $87.92 and its 200-day moving average price is $79.42.

First Trust Nasdaq Semiconductor ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 22nd were issued a dividend of $0.0767 per share. The ex-dividend date of this dividend was Thursday, March 21st.

First Trust Nasdaq Semiconductor ETF Company 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.