ETFs

Wilmington Savings Fund Society FSB Invests in First Trust Nasdaq Semiconductor ETF

Published December 23, 2024

Wilmington Savings Fund Society FSB made a new investment in the First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) during the third quarter, as reported by HoldingsChannel. Specifically, the institutional investor acquired 530 shares of the ETF, which is valued at roughly $49,000.

In addition to Wilmington Savings Fund Society, several other major investors have recently adjusted their stakes in FTXL. For instance, Bank of New York Mellon Corp increased its holdings in the ETF by 2.2% in the second quarter. After purchasing an additional 114 shares, Bank of New York Mellon now owns 5,345 shares, valued at approximately $534,000.

Cambridge Investment Research Advisors Inc. also increased its position in the First Trust Nasdaq Semiconductor ETF by 6.6% during the same quarter. They now hold 55,584 shares valued at around $5,551,000, following the acquisition of 3,429 shares. Another institutional investor, Ameritas Advisory Services LLC, boosted its stake by 10.8% in the second quarter, acquiring an additional 350 shares to bring its total to 3,604 shares valued at $360,000.

Furthermore, International Assets Investment Management LLC entered the semiconductor ETF space by acquiring a new stake during the same quarter valued at approximately $51,000. Finally, WMG Financial Advisors LLC increased its holdings by 4.8% during the second quarter, owning 14,099 shares, which amounts to $1,408,000 after purchasing an additional 644 shares.

FTXL Market Performance

As of the most recent trading day, FTXL opened at $87.36. The ETF has recorded a 12-month low of $75.62 and a 12-month high of $107.74, with a market capitalization of $1.34 billion. FTXL has a price-to-earnings (PE) ratio of 24.77 and a beta of 1.29. Its fifty-day moving average sits at $90.17, while the 200-day moving average is at $93.04.

Dividend Announcement from FTXL

Recently, the First Trust Nasdaq Semiconductor ETF announced an increase in its dividend, which is set to be paid on Tuesday, December 31st. Shareholders on record as of Friday, December 13th, will receive a dividend of $0.1657 per share, which marks an increase from the prior dividend of $0.12. The ex-dividend date is also established as Friday, December 13th.

About the First Trust Nasdaq Semiconductor ETF

The First Trust Nasdaq Semiconductor ETF (FTXL) is an exchange-traded fund that mirrors the Nasdaq US Smart Semiconductor Index. This fund tracks a collection of the most liquid semiconductor companies in the United States, weighted based on aspects such as value, volatility, and growth. FTXL was launched on September 20, 2016, and is managed by First Trust.

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If you would like to check what other funds are holding FTXL, you may want to visit various financial platforms for the latest updates.

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investment, ETF, semiconductors