502 Shares in First Trust Indxx NextG ETF (NASDAQ:NXTG) Purchased by First Horizon Advisors Inc.

First Horizon Advisors Inc. purchased a new stake in shares of First Trust Indxx NextG ETF (NASDAQ:NXTG) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 502 shares of the company’s stock, valued at approximately $44,000.

Other institutional investors have also added to or reduced their stakes in the company. B. Riley Wealth Advisors Inc. boosted its position in shares of First Trust Indxx NextG ETF by 24.8% during the 1st quarter. B. Riley Wealth Advisors Inc. now owns 8,096 shares of the company’s stock valued at $642,000 after acquiring an additional 1,611 shares during the last quarter. Cetera Investment Advisers raised its stake in First Trust Indxx NextG ETF by 63.0% during the first quarter. Cetera Investment Advisers now owns 33,208 shares of the company’s stock valued at $2,632,000 after purchasing an additional 12,833 shares in the last quarter. Cetera Advisors LLC bought a new position in First Trust Indxx NextG ETF during the first quarter valued at $483,000. MONECO Advisors LLC bought a new stake in shares of First Trust Indxx NextG ETF in the 2nd quarter worth about $246,000. Finally, Banco Santander S.A. increased its holdings in shares of First Trust Indxx NextG ETF by 65.5% in 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 last quarter.

First Trust Indxx NextG ETF Trading Up 0.8 %

Shares of NASDAQ:NXTG opened at $85.15 on Monday. The company has a 50-day moving average price of $86.32 and a 200 day moving average price of $83.65. First Trust Indxx NextG ETF has a 12 month low of $71.94 and a 12 month high of $88.84. The company has a market cap of $374.66 million, a price-to-earnings ratio of 18.31 and a beta of 0.89.

First Trust Indxx NextG ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were issued a $0.4009 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.88%. The ex-dividend date of this dividend 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.