Private Advisor Group LLC Decreases Stock Position in First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXN)

Private Advisor Group LLC decreased its position in shares of First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXN) by 17.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 48,377 shares of the company’s stock after selling 10,113 shares during the period. Private Advisor Group LLC owned approximately 0.90% of First Trust Nasdaq Oil & Gas ETF worth $1,391,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in FTXN. MML Investors Services LLC boosted its stake in First Trust Nasdaq Oil & Gas ETF by 3.6% during the third quarter. MML Investors Services LLC now owns 10,760 shares of the company’s stock valued at $312,000 after buying an additional 378 shares during the last quarter. Centaurus Financial Inc. raised its holdings in shares of First Trust Nasdaq Oil & Gas ETF by 6.2% during the 3rd quarter. Centaurus Financial Inc. now owns 8,575 shares of the company’s stock worth $248,000 after acquiring an additional 504 shares in the last quarter. Adamsbrown Wealth Consultants LLC boosted its position in shares of First Trust Nasdaq Oil & Gas ETF by 11.6% during the 4th quarter. Adamsbrown Wealth Consultants LLC now owns 8,322 shares of the company’s stock valued at $239,000 after acquiring an additional 866 shares during the last quarter. Stifel Financial Corp grew its holdings in shares of First Trust Nasdaq Oil & Gas ETF by 2.1% in the third quarter. Stifel Financial Corp now owns 58,725 shares of the company’s stock valued at $1,700,000 after purchasing an additional 1,215 shares in the last quarter. Finally, Y.D. More Investments Ltd increased its position in First Trust Nasdaq Oil & Gas ETF by 10.7% in the fourth quarter. Y.D. More Investments Ltd now owns 15,500 shares of the company’s stock worth $446,000 after purchasing an additional 1,500 shares during the last quarter.

First Trust Nasdaq Oil & Gas ETF Stock Up 0.4 %

FTXN stock opened at $29.43 on Friday. First Trust Nasdaq Oil & Gas ETF has a 52 week low of $27.46 and a 52 week high of $33.72. The firm has a market capitalization of $160.39 million, a P/E ratio of 6.47 and a beta of 1.44. The company has a fifty day simple moving average of $29.80 and a two-hundred day simple moving average of $29.98.

First Trust Nasdaq Oil & Gas ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were given a $0.1768 dividend. The ex-dividend date was Friday, December 13th.

About First Trust Nasdaq Oil & Gas ETF

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.