First PREMIER Bank Reduces Holdings in First Trust Indxx NextG ETF (NASDAQ:NXTG)

First PREMIER Bank lowered its position in First Trust Indxx NextG ETF (NASDAQ:NXTG) by 1.9% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 24,820 shares of the company’s stock after selling 470 shares during the period. First PREMIER Bank owned 0.58% of First Trust Indxx NextG ETF worth $2,117,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Ameritas Advisory Services LLC increased its holdings in shares of First Trust Indxx NextG ETF by 7.1% in the fourth quarter. Ameritas Advisory Services LLC now owns 5,435 shares of the company’s stock valued at $464,000 after purchasing an additional 358 shares during the last quarter. First Horizon Advisors Inc. purchased a new stake in First Trust Indxx NextG ETF in the 3rd quarter valued at $44,000. Private Advisor Group LLC increased its stake in shares of First Trust Indxx NextG ETF by 2.3% in the 3rd quarter. Private Advisor Group LLC now owns 44,147 shares of the company’s stock worth $3,856,000 after acquiring an additional 998 shares during the last quarter. Prospera Financial Services Inc raised its holdings in shares of First Trust Indxx NextG ETF by 38.6% during the 3rd quarter. Prospera Financial Services Inc now owns 6,783 shares of the company’s stock worth $593,000 after acquiring an additional 1,889 shares during the period. Finally, Arkadios Wealth Advisors boosted its position in shares of First Trust Indxx NextG ETF by 41.4% during the 3rd quarter. Arkadios Wealth Advisors now owns 6,699 shares of the company’s stock valued at $585,000 after acquiring an additional 1,961 shares during the last quarter.

First Trust Indxx NextG ETF Trading Up 0.5 %

First Trust Indxx NextG ETF stock opened at $88.43 on Thursday. The company has a 50-day moving average price of $85.76 and a 200 day moving average price of $85.26. First Trust Indxx NextG ETF has a 12-month low of $73.37 and a 12-month high of $88.84. The stock has a market cap of $375.83 million, a P/E ratio of 18.31 and a beta of 0.89.

First Trust Indxx NextG ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were issued a dividend of $0.4269 per share. The ex-dividend date was Friday, December 13th.

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.