Raymond James & Associates Sells 2,886 Shares of First Trust Nasdaq Transportation ETF (NASDAQ:FTXR)

Raymond James & Associates lowered its stake in shares of First Trust Nasdaq Transportation ETF (NASDAQ:FTXR) by 16.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 15,154 shares of the company’s stock after selling 2,886 shares during the quarter. Raymond James & Associates owned about 1.17% of First Trust Nasdaq Transportation ETF worth $455,000 at the end of the most recent reporting period.

Separately, Commonwealth Equity Services LLC raised its stake in shares of First Trust Nasdaq Transportation ETF by 2.4% in the 3rd quarter. Commonwealth Equity Services LLC now owns 20,015 shares of the company’s stock valued at $563,000 after buying an additional 472 shares in the last quarter.

First Trust Nasdaq Transportation ETF Stock Performance

Shares of First Trust Nasdaq Transportation ETF stock opened at $30.97 on Friday. The firm has a market cap of $38.71 million, a P/E ratio of 15.66 and a beta of 1.37. The firm’s 50-day simple moving average is $31.01 and its 200-day simple moving average is $29.29. First Trust Nasdaq Transportation ETF has a twelve month low of $24.76 and a twelve month high of $32.32.

First Trust Nasdaq Transportation ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 22nd were issued a dividend of $0.1146 per share. The ex-dividend date of this dividend was Thursday, March 21st.

About First Trust Nasdaq Transportation ETF

The First Trust Nasdaq Transportation ETF (FTXR) is an exchange-traded fund that is based on the Nasdaq US Smart Transportation index. The fund tracks an index composed of 30 US transportation companies. Holdings are selected by liquidity and weighted based on volatility, value and growth factors. FTXR was launched on Sep 20, 2016 and is managed by First Trust.