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

Wilmington Savings Fund Society FSB has made a new investment in the First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) during the third quarter, according to reports from HoldingsChannel. The investment group acquired 530 shares of this ETF, with an estimated value of around $49,000.

In addition, several other large investors have recently adjusted their stakes in FTXL. Notably, Bank of New York Mellon Corp increased its holdings by 2.2% during the second quarter, bringing its total to 5,345 shares, which are valued at $534,000 following the purchase of an additional 114 shares. Moreover, Cambridge Investment Research Advisors Inc. raised its share count by 6.6%, now owning 55,584 shares worth approximately $5,551,000 due to a purchase of 3,429 additional shares in that same quarter.

Ameritas Advisory Services LLC also expanded its stake in First Trust Nasdaq Semiconductor ETF by 10.8% in Q2, now holding 3,604 shares valued at $360,000 after adding 350 shares. Meanwhile, International Assets Investment Management LLC entered a new position in the ETF valued at around $51,000 in the second quarter. Lastly, WMG Financial Advisors LLC increased its stake by 4.8%, bringing its total shares to 14,099, which amounts to $1,408,000 following an acquisition of 644 additional shares.

First Trust Nasdaq Semiconductor ETF Price Performance

On Friday, the First Trust Nasdaq Semiconductor ETF opened at a price of $87.36. Over the past year, the ETF has seen a low of $75.62 and a high of $107.74. The current market capitalization stands at $1.34 billion, with a price-to-earnings (P/E) ratio of 24.77 and a beta value of 1.29. The ETF's fifty-day moving average price is $90.17, while its 200-day moving average price is $93.04.

First Trust Nasdaq Semiconductor ETF Increases Dividend

Recently, First Trust Nasdaq Semiconductor ETF announced an increase in its dividend payout. The dividend will be distributed on Tuesday, December 31st, to stockholders registered by December 13th. The upcoming dividend is set at $0.1657 per share, marking an increase from the previous dividend of $0.12. The ex-dividend date was also December 13th.

First Trust Nasdaq Semiconductor ETF Profile

(Free Report) The First Trust Nasdaq Semiconductor ETF (FTXL) is an exchange-traded fund designed to track the Nasdaq US Smart Semiconductor index. This fund is composed of some of the most liquid semiconductor companies in the United States, and its investments are weighted according to various factors including value, volatility, and growth. The ETF was launched on September 20, 2016, and is managed by First Trust.

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Want to see what other hedge funds are holding FTXL? Check the latest 13F filings and insider trades related to the First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL).

investment, ETF, semiconductors