First Trust Nasdaq Transportation ETF (NASDAQ:FTXR) Announces Dividend Increase – $0.40 Per Share

First Trust Nasdaq Transportation ETF (NASDAQ:FTXR) declared a dividend on Thursday, December 12th,NASDAQ Dividends reports. Stockholders of record on Friday, December 13th will be paid a dividend of 0.3989 per share on Tuesday, December 31st. The ex-dividend date of this dividend is Friday, December 13th. This is a positive change from First Trust Nasdaq Transportation ETF’s previous dividend of $0.09.

First Trust Nasdaq Transportation ETF Stock Performance

First Trust Nasdaq Transportation ETF stock traded down $0.34 during trading on Friday, reaching $35.79. The company had a trading volume of 4,629 shares, compared to its average volume of 4,348. First Trust Nasdaq Transportation ETF has a 12-month low of $28.05 and a 12-month high of $37.32. The stock’s 50 day moving average price is $34.47 and its two-hundred day moving average price is $32.06. The firm has a market capitalization of $34.00 million, a price-to-earnings ratio of 16.14 and a beta of 1.37.

About First Trust Nasdaq Transportation ETF

The First Trust Nasdaq Transportation ETF (FTXR) is an exchange-traded fund that is based on the Nasdaq US Smart Transportation index. The fund tracks an index composed of 30 US transportation companies. Holdings are selected by liquidity and weighted based on volatility, value and growth factors. FTXR was launched on Sep 20, 2016 and is managed by First Trust.