Wilmington Savings Fund Society FSB Acquires Shares in First Trust Nasdaq Semiconductor ETF

Wilmington Savings Fund Society FSB has recently acquired a new stake in the First Trust Nasdaq Semiconductor ETF (NASDAQ: FTXL). According to HoldingsChannel, this acquisition took place during the third quarter and involved the purchase of 530 shares, which have an estimated value of around $49,000.

In addition to Wilmington Savings Fund Society, several other prominent investors have also adjusted their holdings in FTXL. For instance, Bank of New York Mellon Corp increased its stake in the First Trust Nasdaq Semiconductor ETF by 2.2% during the second quarter. After buying an additional 114 shares, their total holdings now amount to 5,345 shares, valued at approximately $534,000.

Similarly, Cambridge Investment Research Advisors Inc. raised its shares in FTXL by 6.6% during the same quarter, bringing its total to 55,584 shares, valued at $5,551,000 after an additional purchase of 3,429 shares. Ameritas Advisory Services LLC also increased its stake in the ETF by 10.8%, now holding 3,604 shares valued at $360,000 following the acquisition of 350 more shares.

Moreover, International Assets Investment Management LLC established a new stake in the First Trust Nasdaq Semiconductor ETF this past quarter, valued at approximately $51,000. WMG Financial Advisors LLC also increased its position by 4.8%, owning 14,099 shares currently worth $1,408,000 after acquiring an additional 644 shares.

FTXL Price Performance Overview

As of the last trading session, FTXL opened at $87.36. Over the past year, the First Trust Nasdaq Semiconductor ETF reached a low of $75.62 and a high of $107.74. Currently, the ETF has a market capitalization of about $1.34 billion, a price-to-earnings (PE) ratio of 24.77, and a beta of 1.29. Its fifty-day moving average stands at $90.17, while the two-hundred-day moving average is $93.04.

Dividend Increase Announced by First Trust Nasdaq Semiconductor ETF

The company recently announced a dividend payout scheduled for December 31st. Shareholders recorded on December 13th will receive a dividend of $0.1657 per share, which marks an increase from the previous dividend amount of $0.12. The ex-dividend date for this payment was also set for December 13th.

About First Trust Nasdaq Semiconductor ETF

The First Trust Nasdaq Semiconductor ETF (FTXL) is an exchange-traded fund designed to track the performance of the Nasdaq US Smart Semiconductor Index. This index consists of highly liquid U.S. semiconductor companies, with weightings based on value, volatility, and growth factors. The ETF was launched on September 20, 2016, and is managed by First Trust.

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Interested in what other hedge funds are doing with FTXL? Check third-party finance sites to stay updated on institutional trades and investments related to the First Trust Nasdaq Semiconductor ETF.

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