First Trust Nasdaq Bank ETF (NASDAQ:FTXO) Stock Position Decreased by Prospera Financial Services Inc

Posted by on May 14th, 2023

Prospera Financial Services Inc decreased its holdings in shares of First Trust Nasdaq Bank ETF (NASDAQ:FTXO – Get Rating) by 13.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,460 shares of the company’s stock after selling 2,299 shares during the quarter. Prospera Financial Services Inc owned approximately 0.18% of First Trust Nasdaq Bank ETF worth $379,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Spire Wealth Management raised its position in shares of First Trust Nasdaq Bank ETF by 120.8% during the 4th quarter. Spire Wealth Management now owns 1,170 shares of the company’s stock worth $31,000 after purchasing an additional 640 shares during the period. Geneos Wealth Management Inc. increased its position in First Trust Nasdaq Bank ETF by 29.4% in the fourth quarter. Geneos Wealth Management Inc. now owns 1,771 shares of the company’s stock worth $46,000 after buying an additional 402 shares during the period. HBW Advisory Services LLC lifted its stake in First Trust Nasdaq Bank ETF by 7.9% in the fourth quarter. HBW Advisory Services LLC now owns 18,366 shares of the company’s stock valued at $48,000 after buying an additional 1,352 shares during the last quarter. Benjamin Edwards Inc. lifted its stake in First Trust Nasdaq Bank ETF by 57.8% in the fourth quarter. Benjamin Edwards Inc. now owns 2,911 shares of the company’s stock valued at $76,000 after buying an additional 1,066 shares during the last quarter. Finally, Creative Financial Designs Inc. ADV lifted its stake in First Trust Nasdaq Bank ETF by 107.2% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 3,035 shares of the company’s stock valued at $80,000 after buying an additional 1,570 shares during the last quarter.

First Trust Nasdaq Bank ETF Stock Performance

FTXO stock opened at $19.36 on Friday. The stock has a market capitalization of $135.51 million, a price-to-earnings ratio of 9.90 and a beta of 1.11. First Trust Nasdaq Bank ETF has a 1 year low of $18.66 and a 1 year high of $30.58. The stock’s fifty day moving average is $20.92 and its two-hundred day moving average is $24.18.

First Trust Nasdaq Bank ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 31st. Shareholders of record on Monday, March 27th were paid a $0.144 dividend. This represents a $0.58 dividend on an annualized basis and a yield of 2.98%. The ex-dividend date was Friday, March 24th.

First Trust Nasdaq Bank ETF Company Profile

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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.

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Institutional Ownership by Quarter for First Trust Nasdaq Bank ETF (NASDAQ:FTXO)

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