Janney Montgomery Scott LLC Sells 774 Shares of First Trust Nasdaq Transportation ETF (NASDAQ:FTXR)

Posted by Max Byerly on Feb 10th, 2025

Janney Montgomery Scott LLC lowered its holdings in shares of First Trust Nasdaq Transportation ETF (NASDAQ:FTXR – Free Report) by 5.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 14,525 shares of the company’s stock after selling 774 shares during the quarter. Janney Montgomery Scott LLC owned about 1.53% of First Trust Nasdaq Transportation ETF worth $499,000 as of its most recent filing with the Securities and Exchange Commission.

Separately, KKM Financial LLC raised its holdings in First Trust Nasdaq Transportation ETF by 59.5% in the 3rd quarter. KKM Financial LLC now owns 10,424 shares of the company’s stock worth $334,000 after acquiring an additional 3,890 shares during the period.

First Trust Nasdaq Transportation ETF Price Performance

Shares of FTXR opened at $34.17 on Monday. The company has a market capitalization of $32.46 million, a PE ratio of 16.14 and a beta of 1.37. First Trust Nasdaq Transportation ETF has a one year low of $28.05 and a one year high of $37.32. The company’s fifty day moving average price is $35.27 and its 200 day moving average price is $33.29.

First Trust Nasdaq Transportation ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were issued a dividend of $0.3989 per share. This is an increase from First Trust Nasdaq Transportation ETF’s previous dividend of $0.09. The ex-dividend date was Friday, December 13th.

First Trust Nasdaq Transportation ETF Profile

(Free Report)

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.