Thrivent Financial for Lutherans Acquires 5,770 Shares of First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL)

Thrivent Financial for Lutherans increased its holdings in First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) by 22.4% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 31,478 shares of the company’s stock after purchasing an additional 5,770 shares during the quarter. Thrivent Financial for Lutherans’ holdings in First Trust Nasdaq Semiconductor ETF were worth $2,936,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of FTXL. International Assets Investment Management LLC bought a new position in shares of First Trust Nasdaq Semiconductor ETF in the 2nd quarter worth $51,000. GAMMA Investing LLC purchased a new position in First Trust Nasdaq Semiconductor ETF in the third quarter valued at about $54,000. Northwestern Mutual Wealth Management Co. raised its holdings in First Trust Nasdaq Semiconductor ETF by 24.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 940 shares of the company’s stock worth $94,000 after purchasing an additional 185 shares in the last quarter. Comerica Bank lifted its position in shares of First Trust Nasdaq Semiconductor ETF by 30.5% during the first quarter. Comerica Bank now owns 1,754 shares of the company’s stock valued at $159,000 after buying an additional 410 shares during the last quarter. Finally, Concourse Financial Group Securities Inc. boosted its holdings in shares of First Trust Nasdaq Semiconductor ETF by 61.3% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 1,900 shares of the company’s stock valued at $177,000 after buying an additional 722 shares in the last quarter.

First Trust Nasdaq Semiconductor ETF Stock Down 1.2 %

NASDAQ FTXL opened at $88.39 on Wednesday. First Trust Nasdaq Semiconductor ETF has a 52 week low of $71.23 and a 52 week high of $107.74. The company has a 50 day moving average price of $91.55 and a 200 day moving average price of $93.64. The firm has a market cap of $1.36 billion, a PE ratio of 24.77 and a beta of 1.29.

First Trust Nasdaq Semiconductor ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were given a dividend of $0.1017 per share. This represents a $0.41 dividend on an annualized basis and a dividend yield of 0.46%. The ex-dividend date of this dividend was Thursday, September 26th.

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.