First Trust Nasdaq Bank ETF (NASDAQ:FTXO) Shares Sold by Avantax Advisory Services Inc.

Avantax Advisory Services Inc. lowered its stake in shares of First Trust Nasdaq Bank ETF (NASDAQ:FTXO) by 13.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 47,870 shares of the company’s stock after selling 7,752 shares during the period. Avantax Advisory Services Inc. owned 1.00% of First Trust Nasdaq Bank ETF worth $1,209,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in FTXO. Secure Asset Management LLC grew its holdings in shares of First Trust Nasdaq Bank ETF by 64.2% in the fourth quarter. Secure Asset Management LLC now owns 434,708 shares of the company’s stock valued at $10,981,000 after purchasing an additional 170,041 shares during the period. Raymond James & Associates grew its stake in shares of First Trust Nasdaq Bank ETF by 14.8% in the third quarter. Raymond James & Associates now owns 60,500 shares of the company’s stock valued at $1,251,000 after buying an additional 7,779 shares in the last quarter. PFG Advisors purchased a new stake in shares of First Trust Nasdaq Bank ETF in the 4th quarter valued at $346,000. Envestnet Portfolio Solutions Inc. acquired a new position in First Trust Nasdaq Bank ETF during the 3rd quarter worth about $344,000. Finally, Atria Wealth Solutions Inc. boosted its holdings in First Trust Nasdaq Bank ETF by 5.1% during the 3rd quarter. Atria Wealth Solutions Inc. now owns 10,299 shares of the company’s stock valued at $213,000 after acquiring an additional 501 shares during the period.

First Trust Nasdaq Bank ETF Price Performance

NASDAQ FTXO opened at $27.54 on Friday. The company has a market cap of $115.65 million, a P/E ratio of 10.77 and a beta of 1.11. First Trust Nasdaq Bank ETF has a 1-year low of $18.94 and a 1-year high of $27.80. The stock has a 50-day moving average of $26.35 and a two-hundred day moving average of $24.86.

First Trust Nasdaq Bank ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 22nd were issued a dividend of $0.1069 per share. The ex-dividend date was Thursday, March 21st.

First Trust Nasdaq Bank ETF Profile

The First Trust Nasdaq Bank ETF (FTXO) is an exchange-traded fund that is based on the NASDAQ US Banks index. The fund tracks an index composed of the most liquid US banking companies. Holdings are selected by their liquidity, and weighted based on volatility, value, and growth factors. FTXO was launched on Sep 20, 2016 and is managed by First Trust.