Cwm LLC Cuts Holdings in First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL)

Cwm LLC trimmed its holdings in shares of First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) by 28.1% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 98,668 shares of the company’s stock after selling 38,495 shares during the period. Cwm LLC’s holdings in First Trust Nasdaq Semiconductor ETF were worth $8,044,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Turtle Creek Wealth Advisors LLC purchased a new position in shares of First Trust Nasdaq Semiconductor ETF during the 4th quarter worth approximately $37,000. NBC Securities Inc. purchased a new position in shares of First Trust Nasdaq Semiconductor ETF during the 3rd quarter worth approximately $160,000. L.M. Kohn & Company raised its stake in shares of First Trust Nasdaq Semiconductor ETF by 7.6% during the 3rd quarter. L.M. Kohn & Company now owns 3,863 shares of the company’s stock worth $261,000 after buying an additional 273 shares in the last quarter. Twin Peaks Wealth Advisors LLC purchased a new position in shares of First Trust Nasdaq Semiconductor ETF during the 4th quarter worth approximately $334,000. Finally, Apeiron RIA LLC purchased a new position in First Trust Nasdaq Semiconductor ETF in the 4th quarter valued at approximately $339,000.

First Trust Nasdaq Semiconductor ETF Price Performance

NASDAQ FTXL opened at $81.07 on Tuesday. First Trust Nasdaq Semiconductor ETF has a 1-year low of $57.43 and a 1-year high of $95.48. The company has a market capitalization of $1.29 billion, a P/E ratio of 22.46 and a beta of 1.71. The business has a 50 day moving average price of $87.92 and a 200 day moving average price of $79.42.

First Trust Nasdaq Semiconductor ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 22nd were paid a $0.0767 dividend. The ex-dividend date was Thursday, March 21st.

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.