Daiwa Securities Group Inc. Boosts Stock Position in First Trust Natural Gas ETF (NYSEARCA:FCG)

Daiwa Securities Group Inc. raised its position in shares of First Trust Natural Gas ETF (NYSEARCA:FCG) by 23.9% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 8,300 shares of the company’s stock after buying an additional 1,600 shares during the quarter. Daiwa Securities Group Inc.’s holdings in First Trust Natural Gas ETF were worth $197,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of FCG. Raymond James & Associates boosted its stake in First Trust Natural Gas ETF by 132.4% in the 3rd quarter. Raymond James & Associates now owns 916,711 shares of the company’s stock worth $21,772,000 after purchasing an additional 522,241 shares in the last quarter. Marshall Wace LLP purchased a new position in shares of First Trust Natural Gas ETF during the 2nd quarter valued at approximately $663,000. Lionsbridge Wealth Management LLC boosted its stake in shares of First Trust Natural Gas ETF by 85.9% during the 2nd quarter. Lionsbridge Wealth Management LLC now owns 31,678 shares of the company’s stock worth $832,000 after acquiring an additional 14,641 shares in the last quarter. RFG Advisory LLC purchased a new stake in shares of First Trust Natural Gas ETF in the second quarter valued at approximately $287,000. Finally, Wealth Effects LLC purchased a new stake in First Trust Natural Gas ETF in the 3rd quarter worth $255,000.

First Trust Natural Gas ETF Trading Up 0.7 %

Shares of First Trust Natural Gas ETF stock opened at $26.11 on Monday. The firm’s 50-day moving average price is $24.75 and its 200 day moving average price is $25.41. First Trust Natural Gas ETF has a twelve month low of $22.42 and a twelve month high of $28.72. The firm has a market capitalization of $412.54 million, a PE ratio of 5.60 and a beta of 0.65.

First Trust Natural Gas ETF Company 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.