First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) Stock Position Raised by Avantax Advisory Services Inc.

Avantax Advisory Services Inc. raised its position in shares of First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) by 1.0% in the fourth quarter, Holdings Channel reports. The firm owned 43,349 shares of the company’s stock after buying an additional 415 shares during the period. Avantax Advisory Services Inc.’s holdings in First Trust Nasdaq Semiconductor ETF were worth $3,783,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Farther Finance Advisors LLC raised its stake in shares of First Trust Nasdaq Semiconductor ETF by 19.7% during the 4th quarter. Farther Finance Advisors LLC now owns 11,546 shares of the company’s stock worth $1,008,000 after purchasing an additional 1,904 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of First Trust Nasdaq Semiconductor ETF during the 4th quarter worth about $20,984,000. NewSquare Capital LLC raised its stake in shares of First Trust Nasdaq Semiconductor ETF by 1.0% during the 4th quarter. NewSquare Capital LLC now owns 230,802 shares of the company’s stock worth $20,142,000 after purchasing an additional 2,193 shares in the last quarter. SBI Securities Co. Ltd. purchased a new stake in shares of First Trust Nasdaq Semiconductor ETF during the 4th quarter worth about $39,000. Finally, Prasad Wealth Partners LLC purchased a new stake in shares of First Trust Nasdaq Semiconductor ETF during the 4th quarter worth about $311,000.

First Trust Nasdaq Semiconductor ETF Stock Performance

Shares of FTXL stock opened at $80.93 on Friday. The stock’s 50 day simple moving average is $87.52 and its 200 day simple moving average is $89.29. First Trust Nasdaq Semiconductor ETF has a twelve month low of $75.52 and a twelve month high of $107.74. The company has a market capitalization of $295.39 million, a price-to-earnings ratio of 25.70 and a beta of 1.29.

About First Trust Nasdaq Semiconductor ETF

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.