NBC Securities Inc. Acquires Shares of 7,246 First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXN)

NBC Securities Inc. purchased a new position in First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXNFree Report) during the 3rd quarter, Holdings Channel.com reports. The institutional investor purchased 7,246 shares of the company’s stock, valued at approximately $217,000.

Other hedge funds have also added to or reduced their stakes in the company. PNC Financial Services Group Inc. acquired a new stake in shares of First Trust Nasdaq Oil & Gas ETF in the 4th quarter valued at about $32,000. ICA Group Wealth Management LLC acquired a new stake in shares of First Trust Nasdaq Oil & Gas ETF in the 4th quarter valued at about $41,000. Credit Suisse AG acquired a new stake in shares of First Trust Nasdaq Oil & Gas ETF in the second quarter valued at about $64,000. Global Retirement Partners LLC increased its position in shares of First Trust Nasdaq Oil & Gas ETF by 383.1% in the third quarter. Global Retirement Partners LLC now owns 4,821 shares of the company’s stock valued at $135,000 after acquiring an additional 3,823 shares during the last quarter. Finally, IFP Advisors Inc increased its position in shares of First Trust Nasdaq Oil & Gas ETF by 700.0% in the second quarter. IFP Advisors Inc now owns 6,472 shares of the company’s stock valued at $163,000 after acquiring an additional 5,663 shares during the last quarter.

First Trust Nasdaq Oil & Gas ETF Stock Performance

NASDAQ:FTXN opened at $28.09 on Thursday. The stock’s 50-day simple moving average is $28.09 and its 200 day simple moving average is $28.89. The company has a market cap of $213.48 million, a P/E ratio of 6.07 and a beta of 1.44. First Trust Nasdaq Oil & Gas ETF has a 52-week low of $24.37 and a 52-week high of $31.18.

First Trust Nasdaq Oil & Gas ETF Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, December 29th. Investors of record on Tuesday, December 26th were given a $0.2166 dividend. This represents a $0.87 dividend on an annualized basis and a dividend yield of 3.08%. The ex-dividend date was Friday, December 22nd.

First Trust Nasdaq Oil & Gas ETF Profile

(Free Report)

The First Trust Nasdaq Oil & Gas ETF (FTXN) is an exchange-traded fund that is based on the NASDAQ US Smart Oil & Gas index. The fund tracks an index composed of 50 US oil and gas companies. Holdings are selected by liquidity and weighted based on volatility, value and growth factors. FTXN was launched on Sep 20, 2016 and is managed by First Trust.

See Also

Want to see what other hedge funds are holding FTXN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXNFree Report).

Institutional Ownership by Quarter for First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXN)

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