Banco Santander S.A. Sells 160 Shares of First Trust Indxx NextG ETF (NASDAQ:NXTG)

Banco Santander S.A. cut its stake in shares of First Trust Indxx NextG ETF (NASDAQ:NXTG) by 2.9% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 5,350 shares of the company’s stock after selling 160 shares during the period. Banco Santander S.A.’s holdings in First Trust Indxx NextG ETF were worth $467,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Zions Bancorporation N.A. bought a new stake in shares of First Trust Indxx NextG ETF during the second quarter worth about $33,000. First Horizon Advisors Inc. bought a new position in First Trust Indxx NextG ETF during the 3rd quarter worth approximately $44,000. MONECO Advisors LLC acquired a new position in shares of First Trust Indxx NextG ETF in the 2nd quarter worth approximately $246,000. CoreCap Advisors LLC bought a new stake in shares of First Trust Indxx NextG ETF in the 2nd quarter valued at $351,000. Finally, Cetera Advisors LLC acquired a new stake in shares of First Trust Indxx NextG ETF during the first quarter worth $483,000.

First Trust Indxx NextG ETF Stock Up 0.8 %

Shares of NASDAQ NXTG opened at $85.15 on Friday. The company has a market capitalization of $374.66 million, a PE ratio of 18.31 and a beta of 0.89. The firm has a fifty day simple moving average of $86.32 and a 200 day simple moving average of $83.60. First Trust Indxx NextG ETF has a twelve month low of $71.94 and a twelve month high of $88.84.

First Trust Indxx NextG ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were given a $0.4009 dividend. This represents a $1.60 annualized dividend and a dividend yield of 1.88%. The ex-dividend date was Thursday, September 26th.

First Trust Indxx NextG ETF Company Profile

The First Trust IndXX NextG ETF (NXTG) is an exchange-traded fund that is based on the Indxx 5G & NextG Thematic index. The fund tracks a tiered-weighted index of global equities related to next generation digital cellular technologies. NXTG was launched on Feb 17, 2011 and is managed by First Trust.