Ashton Thomas Private Wealth LLC Has $290,000 Stock Position in First Trust Indxx NextG ETF (NASDAQ:NXTG)

Ashton Thomas Private Wealth LLC reduced its holdings in First Trust Indxx NextG ETF (NASDAQ:NXTG) by 9.4% in the third quarter, HoldingsChannel reports. The firm owned 3,325 shares of the company’s stock after selling 345 shares during the period. Ashton Thomas Private Wealth LLC’s holdings in First Trust Indxx NextG ETF were worth $290,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Zions Bancorporation N.A. bought a new stake in shares of First Trust Indxx NextG ETF in the 2nd quarter valued at $33,000. MONECO Advisors LLC acquired a new position in shares of First Trust Indxx NextG ETF during the second quarter valued at about $246,000. CoreCap Advisors LLC bought a new stake in First Trust Indxx NextG ETF in the 2nd quarter valued at about $351,000. Banco Santander S.A. raised its stake in First Trust Indxx NextG ETF by 65.5% during the 2nd quarter. Banco Santander S.A. now owns 5,510 shares of the company’s stock worth $451,000 after buying an additional 2,180 shares during the period. Finally, Cetera Advisors LLC bought a new position in First Trust Indxx NextG ETF in the first quarter worth approximately $483,000.

First Trust Indxx NextG ETF Stock Performance

Shares of First Trust Indxx NextG ETF stock opened at $83.99 on Friday. First Trust Indxx NextG ETF has a 52 week low of $70.99 and a 52 week high of $88.84. The stock has a 50 day moving average price of $86.38 and a two-hundred day moving average price of $83.20. The stock has a market capitalization of $369.56 million, a PE ratio of 18.31 and a beta of 0.89.

First Trust Indxx NextG ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were paid a dividend of $0.4009 per share. The ex-dividend date was Thursday, September 26th. This represents a $1.60 dividend on an annualized basis and a yield of 1.91%.

First Trust Indxx NextG ETF 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.