Truist Financial Corp Buys 1,484 Shares of First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL)

Truist Financial Corp lifted its stake in shares of First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) by 1.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 109,903 shares of the company’s stock after acquiring an additional 1,484 shares during the quarter. Truist Financial Corp owned approximately 2.97% of First Trust Nasdaq Semiconductor ETF worth $9,591,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. FMR LLC grew its stake in shares of First Trust Nasdaq Semiconductor ETF by 81.1% during the 3rd quarter. FMR LLC now owns 326 shares of the company’s stock valued at $30,000 after acquiring an additional 146 shares during the period. Spire Wealth Management purchased a new position in First Trust Nasdaq Semiconductor ETF in the 4th quarter worth approximately $42,000. Wilmington Savings Fund Society FSB purchased a new position in First Trust Nasdaq Semiconductor ETF in the 3rd quarter worth approximately $49,000. Legacy Investment Solutions LLC purchased a new position in First Trust Nasdaq Semiconductor ETF in the 3rd quarter worth approximately $123,000. Finally, Fifth Third Securities Inc. purchased a new position in First Trust Nasdaq Semiconductor ETF in the 4th quarter worth approximately $311,000.

First Trust Nasdaq Semiconductor ETF Trading Down 3.5 %

NASDAQ FTXL opened at $89.92 on Friday. The stock’s 50 day moving average is $89.74 and its 200 day moving average is $90.20. First Trust Nasdaq Semiconductor ETF has a 12 month low of $78.34 and a 12 month high of $107.74. The stock has a market cap of $328.21 million, a PE ratio of 24.77 and a beta of 1.29.

First Trust Nasdaq Semiconductor ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were issued a $0.1657 dividend. The ex-dividend date was Friday, December 13th. This is a boost from First Trust Nasdaq Semiconductor ETF’s previous dividend of $0.12.

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.