3,000 Shares in First Trust Indxx NextG ETF (NASDAQ:NXTG) Acquired by MONECO Advisors LLC

MONECO Advisors LLC purchased a new stake in shares of First Trust Indxx NextG ETF (NASDAQ:NXTG – Free Report) in the second quarter, Holdings Channel.com reports. The firm purchased 3,000 shares of the company’s stock, valued at approximately $246,000.

Several other large investors have also recently made changes to their positions in NXTG. Cetera Advisors LLC bought a new position in shares of First Trust Indxx NextG ETF in the first quarter valued at $483,000. Cetera Investment Advisers boosted its holdings in shares of First Trust Indxx NextG ETF by 63.0% in the first quarter. Cetera Investment Advisers now owns 33,208 shares of the company’s stock worth $2,632,000 after purchasing an additional 12,833 shares during the period. B. Riley Wealth Advisors Inc. raised its stake in shares of First Trust Indxx NextG ETF by 24.8% in the first quarter. B. Riley Wealth Advisors Inc. now owns 8,096 shares of the company’s stock valued at $642,000 after purchasing an additional 1,611 shares in the last quarter. Janney Montgomery Scott LLC raised its position in First Trust Indxx NextG ETF by 1.2% in the first quarter. Janney Montgomery Scott LLC now owns 90,151 shares of the company’s stock worth $7,145,000 after purchasing an additional 1,090 shares in the last quarter. Finally, Benjamin F. Edwards & Company Inc. raised its stake in First Trust Indxx NextG ETF by 37.5% in the first quarter. Benjamin F. Edwards & Company Inc. now owns 55,303 shares of the company’s stock worth $4,383,000 after buying an additional 15,080 shares during the period.

Share performance of First Trust Indxx NextG ETF

Shares of NXTG opened at $84.81 on Tuesday. The company has a market cap of $385.89 million, a P/E ratio of 18.31 and a beta of 0.89. First Trust Indxx NextG ETF has a fifty-two week low of $64.46 and a fifty-two week high of $86.03. The stock has a 50 day moving average price of $82.44 and a two hundred day moving average price of $79.46.

First Trust Indxx NextG ETF is cutting dividends

The company also recently declared a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Thursday, June 27th were issued a dividend of $0.4134 per share. The ex-dividend date was Thursday, June 27. This represents a dividend of $1.65 on an annualized basis and a yield of 1.95%.

Company Profile of First Trust Indxx NextG ETF

(Free report)

First Trust IndXX NextG ETF (NXTG) is an exchange-traded fund based on the Indxx 5G and NextG thematic index. The fund tracks a tier-weighted index of global stocks related to next-generation digital cellular technologies. NXTG was launched on February 17, 2011 and is managed by First Trust.

Further reading

Want to see what other hedge funds own NXTG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Indxx NextG ETF (NASDAQ:NXTG – Free Report).

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