First Trust Nasdaq Bank ETF (FTXO) To Go Ex-Dividend on September 26th

First Trust Nasdaq Bank ETF (NASDAQ:FTXO) declared a quarterly dividend on Wednesday, September 25th, NASDAQ reports. Stockholders of record on Thursday, September 26th will be paid a dividend of 0.1796 per share on Monday, September 30th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 2.49%. The ex-dividend date of this dividend is Thursday, September 26th.

First Trust Nasdaq Bank ETF Trading Up 1.5 %

Shares of First Trust Nasdaq Bank ETF stock opened at $28.81 on Friday. The company has a market cap of $109.48 million, a price-to-earnings ratio of 10.77 and a beta of 1.11. First Trust Nasdaq Bank ETF has a 1 year low of $18.94 and a 1 year high of $30.06. The company’s fifty day simple moving average is $28.65 and its 200-day simple moving average is $27.23.

First Trust Nasdaq Bank ETF Company Profile

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.