Mirae Asset Global Investments Co. Ltd. Buys Shares of 11,090 First Trust Natural Gas ETF (NYSEARCA:FCG)

Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of First Trust Natural Gas ETF (NYSEARCA:FCG) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 11,090 shares of the company’s stock, valued at approximately $270,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in FCG. First Personal Financial Services acquired a new position in First Trust Natural Gas ETF during the third quarter worth $25,000. Larson Financial Group LLC increased its holdings in shares of First Trust Natural Gas ETF by 33.4% during the 3rd quarter. Larson Financial Group LLC now owns 2,475 shares of the company’s stock valued at $59,000 after acquiring an additional 620 shares during the last quarter. Adirondack Trust Co. bought a new position in shares of First Trust Natural Gas ETF in the 4th quarter valued at approximately $79,000. Daiwa Securities Group Inc. lifted its holdings in First Trust Natural Gas ETF by 23.9% in the 3rd quarter. Daiwa Securities Group Inc. now owns 8,300 shares of the company’s stock worth $197,000 after purchasing an additional 1,600 shares during the last quarter. Finally, National Bank of Canada FI grew its holdings in First Trust Natural Gas ETF by 910.7% during the third quarter. National Bank of Canada FI now owns 8,591 shares of the company’s stock valued at $204,000 after purchasing an additional 7,741 shares during the last quarter.

First Trust Natural Gas ETF Trading Up 0.6 %

Shares of First Trust Natural Gas ETF stock opened at $25.12 on Friday. First Trust Natural Gas ETF has a 1-year low of $22.65 and a 1-year high of $28.72. The firm has a fifty day simple moving average of $25.14 and a 200-day simple moving average of $24.86. The stock has a market capitalization of $396.90 million, a price-to-earnings ratio of 5.60 and a beta of 0.65.

First Trust Natural Gas ETF Profile

First Trust ISE-Revere Natural Gas Index Fund (the Fund) seeks investment results that correspond generally to the price and yield of an equity index called the ISE-REVERE Natural Gas Index (the Index). The Index is an equal-weighted index consisting of exchange-listed companies that derive a substantial portion of their revenues from the exploration and production of natural gas.