Secure Asset Management LLC Has $7.29 Million Holdings in First Trust Nasdaq Bank ETF (NASDAQ:FTXO)

Secure Asset Management LLC decreased its stake in First Trust Nasdaq Bank ETF (NASDAQ:FTXO) by 2.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 229,155 shares of the company’s stock after selling 4,997 shares during the quarter. First Trust Nasdaq Bank ETF makes up about 1.1% of Secure Asset Management LLC’s investment portfolio, making the stock its 15th largest position. Secure Asset Management LLC’s holdings in First Trust Nasdaq Bank ETF were worth $7,289,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently bought and sold shares of FTXO. Wagner Wealth Management LLC boosted its stake in shares of First Trust Nasdaq Bank ETF by 0.6% in the 3rd quarter. Wagner Wealth Management LLC now owns 167,065 shares of the company’s stock valued at $4,858,000 after purchasing an additional 915 shares in the last quarter. Janney Montgomery Scott LLC boosted its position in First Trust Nasdaq Bank ETF by 2.9% in the third quarter. Janney Montgomery Scott LLC now owns 77,319 shares of the company’s stock valued at $2,248,000 after buying an additional 2,144 shares in the last quarter. Tyler Stone Wealth Management grew its stake in First Trust Nasdaq Bank ETF by 68.1% during the third quarter. Tyler Stone Wealth Management now owns 7,882 shares of the company’s stock worth $229,000 after buying an additional 3,193 shares during the last quarter. D.A. Davidson & CO. increased its holdings in shares of First Trust Nasdaq Bank ETF by 7.9% during the third quarter. D.A. Davidson & CO. now owns 8,154 shares of the company’s stock worth $237,000 after buying an additional 600 shares in the last quarter. Finally, Jane Street Group LLC bought a new position in shares of First Trust Nasdaq Bank ETF in the third quarter valued at approximately $271,000.

First Trust Nasdaq Bank ETF Price Performance

Shares of FTXO opened at $33.92 on Friday. The company has a market capitalization of $223.87 million, a P/E ratio of 10.77 and a beta of 1.11. First Trust Nasdaq Bank ETF has a one year low of $23.61 and a one year high of $35.58. The business’s 50 day simple moving average is $33.23 and its 200-day simple moving average is $30.67.

First Trust Nasdaq Bank ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were issued a dividend of $0.1864 per share. The ex-dividend date was Friday, December 13th.

First Trust Nasdaq Bank ETF 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.