Stifel Financial Corp Boosts Stock Position in First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXN)

Stifel Financial Corp boosted its stake in shares of First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXN) by 2.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 58,725 shares of the company’s stock after acquiring an additional 1,215 shares during the quarter. Stifel Financial Corp’s holdings in First Trust Nasdaq Oil & Gas ETF were worth $1,700,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Adamsbrown Wealth Consultants LLC purchased a new stake in shares of First Trust Nasdaq Oil & Gas ETF in the third quarter worth approximately $216,000. Centaurus Financial Inc. increased its stake in shares of First Trust Nasdaq Oil & Gas ETF by 6.2% during the third quarter. Centaurus Financial Inc. now owns 8,575 shares of the company’s stock valued at $248,000 after buying an additional 504 shares during the period. Stevard LLC purchased a new position in First Trust Nasdaq Oil & Gas ETF during the 2nd quarter valued at about $363,000. Quantinno Capital Management LP raised its stake in First Trust Nasdaq Oil & Gas ETF by 15.4% in the third quarter. Quantinno Capital Management LP now owns 15,046 shares of the company’s stock worth $436,000 after buying an additional 2,011 shares in the last quarter. Finally, Gateway Wealth Partners LLC boosted its position in First Trust Nasdaq Oil & Gas ETF by 11.8% during the second quarter. Gateway Wealth Partners LLC now owns 14,459 shares of the company’s stock valued at $446,000 after purchasing an additional 1,531 shares in the last quarter.

First Trust Nasdaq Oil & Gas ETF Stock Up 1.0 %

Shares of FTXN opened at $27.75 on Friday. First Trust Nasdaq Oil & Gas ETF has a twelve month low of $26.60 and a twelve month high of $33.72. The company has a 50 day moving average of $30.26 and a two-hundred day moving average of $30.21. The company has a market cap of $158.18 million, a price-to-earnings ratio of 6.47 and a beta of 1.44.

First Trust Nasdaq Oil & Gas ETF Cuts Dividend

The business also recently announced a dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th will be given a dividend of $0.1768 per share. The ex-dividend date of this dividend is Friday, December 13th.

First Trust Nasdaq Oil & Gas ETF Company Profile

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.