First Trust Indxx NextG ETF (NASDAQ:NXTG) Shares Acquired by Mariner LLC

Mariner LLC increased its position in shares of First Trust Indxx NextG ETF (NASDAQ:NXTG) by 1.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 37,839 shares of the company’s stock after acquiring an additional 465 shares during the period. Mariner LLC owned about 0.89% of First Trust Indxx NextG ETF worth $3,227,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Spire Wealth Management purchased a new stake in First Trust Indxx NextG ETF during the fourth quarter worth about $151,000. Riverchase Wealth Management LLC purchased a new stake in First Trust Indxx NextG ETF during the 4th quarter worth approximately $275,000. Ashton Thomas Private Wealth LLC lifted its holdings in First Trust Indxx NextG ETF by 7.9% during the 4th quarter. Ashton Thomas Private Wealth LLC now owns 3,588 shares of the company’s stock worth $306,000 after buying an additional 263 shares in the last quarter. Morey & Quinn Wealth Partners LLC purchased a new position in First Trust Indxx NextG ETF in the 4th quarter valued at approximately $410,000. Finally, Truist Financial Corp grew its stake in shares of First Trust Indxx NextG ETF by 15.8% in the fourth quarter. Truist Financial Corp now owns 5,162 shares of the company’s stock worth $440,000 after acquiring an additional 704 shares in the last quarter.

First Trust Indxx NextG ETF Trading Down 0.3 %

Shares of NASDAQ NXTG opened at $81.45 on Tuesday. First Trust Indxx NextG ETF has a 12-month low of $73.64 and a 12-month high of $91.29. The stock has a market cap of $325.80 million, a P/E ratio of 20.32 and a beta of 0.89. The business’s fifty day simple moving average is $85.33 and its 200-day simple moving average is $85.92.

First Trust Indxx NextG ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were given a $0.0804 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 0.39%. The ex-dividend date of this dividend was Thursday, March 27th.

First Trust Indxx NextG ETF Company Profile

The First Trust IndXX NextG ETF (NXTG) is an exchange-traded fund that is based on the Indxx 5G & NextG Thematic index. The fund tracks a tiered-weighted index of global equities related to next generation digital cellular technologies. NXTG was launched on Feb 17, 2011 and is managed by First Trust.