WealthCare Investment Partners LLC Has $1.13 Million Holdings in First Trust Indxx NextG ETF (NASDAQ:NXTG)

WealthCare Investment Partners LLC reduced its position in First Trust Indxx NextG ETF (NASDAQ:NXTG) by 0.9% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 14,917 shares of the company’s stock after selling 134 shares during the quarter. WealthCare Investment Partners LLC’s holdings in First Trust Indxx NextG ETF were worth $1,127,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Baird Financial Group Inc. boosted its position in First Trust Indxx NextG ETF by 1.6% during the 4th quarter. Baird Financial Group Inc. now owns 12,805 shares of the company’s stock worth $781,000 after buying an additional 197 shares during the period. PNC Financial Services Group Inc. grew its stake in shares of First Trust Indxx NextG ETF by 7.3% in the 1st quarter. PNC Financial Services Group Inc. now owns 2,939 shares of the company’s stock valued at $223,000 after buying an additional 199 shares during the period. JPMorgan Chase & Co. increased its holdings in shares of First Trust Indxx NextG ETF by 8.5% during the first quarter. JPMorgan Chase & Co. now owns 3,018 shares of the company’s stock valued at $228,000 after acquiring an additional 237 shares in the last quarter. FMR LLC increased its stake in First Trust Indxx NextG ETF by 61.1% during the 2nd quarter. FMR LLC now owns 762 shares of the company’s stock valued at $49,000 after purchasing an additional 289 shares in the last quarter. Finally, First Trust Advisors LP lifted its stake in shares of First Trust Indxx NextG ETF by 1.3% in the first quarter. First Trust Advisors LP now owns 23,702 shares of the company’s stock valued at $1,801,000 after buying an additional 299 shares in the last quarter.

First Trust Indxx NextG ETF Stock Up 0.8 %

NXTG stock traded up $0.66 during mid-day trading on Wednesday, reaching $79.13. 9,762 shares of the company traded hands, compared to its average volume of 10,444. The stock has a market cap of $407.52 million, a price-to-earnings ratio of 15.60 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 $81.22. The firm’s 50 day moving average price is $77.45 and its 200 day moving average price is $73.33.

First Trust Indxx NextG ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 28th. Investors of record on Friday, March 22nd will be paid a dividend of $0.044 per share. This represents a $0.18 dividend on an annualized basis and a dividend yield of 0.22%. The ex-dividend date of this dividend is Thursday, March 21st.

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.