Orion Portfolio Solutions LLC Invests $837,000 in First Trust Nasdaq Bank ETF (NASDAQ:FTXO)

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Orion Portfolio Solutions LLC purchased a new stake in First Trust Nasdaq Bank ETF (NASDAQ:FTXO – Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 26,298 shares of the company’s stock, valued at approximately $837,000. Orion Portfolio Solutions LLC owned 0.38% of First [...]

Orion Portfolio Solutions LLC purchased a new stake in First Trust Nasdaq Bank ETF (NASDAQ:FTXO – Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 26,298 shares of the company’s stock, valued at approximately $837,000. Orion Portfolio Solutions LLC owned 0.

38% of First Trust Nasdaq Bank ETF at the end of the most recent quarter. A number of other hedge funds have also recently added to or reduced their stakes in FTXO. LPL Financial LLC raised its position in shares of First Trust Nasdaq Bank ETF by 10.



7% in the 4th quarter. LPL Financial LLC now owns 259,479 shares of the company’s stock valued at $8,254,000 after buying an additional 25,003 shares in the last quarter. Wagner Wealth Management LLC lifted its stake in First Trust Nasdaq Bank ETF by 0.

5% during the fourth quarter. Wagner Wealth Management LLC now owns 167,920 shares of the company’s stock worth $5,341,000 after purchasing an additional 855 shares during the last quarter. Raymond James Financial Inc.

acquired a new stake in shares of First Trust Nasdaq Bank ETF in the 4th quarter valued at $4,311,000. Assetmark Inc. increased its stake in shares of First Trust Nasdaq Bank ETF by 24,112.

3% in the 4th quarter. Assetmark Inc. now owns 110,408 shares of the company’s stock valued at $3,512,000 after purchasing an additional 109,952 shares during the last quarter.

Finally, Janney Montgomery Scott LLC raised its holdings in shares of First Trust Nasdaq Bank ETF by 31.4% during the 4th quarter. Janney Montgomery Scott LLC now owns 101,580 shares of the company’s stock worth $3,231,000 after buying an additional 24,261 shares in the last quarter.

First Trust Nasdaq Bank ETF Stock Down 5.5 %NASDAQ:FTXO opened at $25.92 on Monday.

First Trust Nasdaq Bank ETF has a twelve month low of $24.72 and a twelve month high of $35.58.

The stock’s 50-day simple moving average is $31.98 and its 200 day simple moving average is $32.00.

The firm has a market capitalization of $191.81 million, a PE ratio of 10.44 and a beta of 0.

95. First Trust Nasdaq Bank ETF Cuts DividendThe business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were paid a $0.

1207 dividend. The ex-dividend date was Thursday, March 27th. This represents a $0.

48 dividend on an annualized basis and a dividend yield of 1.86%. First Trust Nasdaq Bank ETF Profile (Free Report)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.

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