Ashton Thomas Private Wealth LLC Sells 345 Shares of First Trust Indxx NextG ETF (NASDAQ:NXTG)

Ashton Thomas Private Wealth LLC lessened its holdings in First Trust Indxx NextG ETF (NASDAQ:NXTG) by 9.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,325 shares of the company’s stock after selling 345 shares during the period. Ashton Thomas Private Wealth LLC owned about 0.08% of First Trust Indxx NextG ETF worth $290,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Private Advisor Group LLC increased its position in First Trust Indxx NextG ETF by 2.3% during the 3rd quarter. Private Advisor Group LLC now owns 44,147 shares of the company’s stock worth $3,856,000 after purchasing an additional 998 shares in the last quarter. MONECO Advisors LLC acquired a new position in shares of First Trust Indxx NextG ETF during the second quarter worth $246,000. Cetera Investment Advisers grew its stake 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 last quarter. Arkadios Wealth Advisors increased its holdings in First Trust Indxx NextG ETF by 41.4% in the third quarter. Arkadios Wealth Advisors now owns 6,699 shares of the company’s stock valued at $585,000 after purchasing an additional 1,961 shares during the period. Finally, B. Riley Wealth Advisors Inc. raised its position in 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 worth $642,000 after purchasing an additional 1,611 shares during the last quarter.

First Trust Indxx NextG ETF Trading Down 0.3 %

Shares of NXTG stock opened at $83.99 on Friday. First Trust Indxx NextG ETF has a 1-year low of $70.99 and a 1-year high of $88.84. The stock has a market cap of $369.56 million, a price-to-earnings ratio of 18.31 and a beta of 0.89. The stock has a 50-day moving average of $86.38 and a 200-day moving average of $83.20.

First Trust Indxx NextG ETF Cuts Dividend

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

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.