International Assets Investment Management LLC Has $1.70 Million Stock Holdings in First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXN)

International Assets Investment Management LLC lowered its stake in First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXN) by 98.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 58,049 shares of the company’s stock after selling 4,105,652 shares during the quarter. International Assets Investment Management LLC owned approximately 1.07% of First Trust Nasdaq Oil & Gas ETF worth $1,697,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. MML Investors Services LLC grew its position in shares of First Trust Nasdaq Oil & Gas ETF by 3.6% in the 3rd quarter. MML Investors Services LLC now owns 10,760 shares of the company’s stock valued at $312,000 after acquiring an additional 378 shares during the period. Centaurus Financial Inc. lifted its stake in First Trust Nasdaq Oil & Gas ETF by 6.2% in the 3rd quarter. Centaurus Financial Inc. now owns 8,575 shares of the company’s stock valued at $248,000 after purchasing an additional 504 shares during the last quarter. Clarus Wealth Advisors grew its holdings in First Trust Nasdaq Oil & Gas ETF by 4.9% during the third quarter. Clarus Wealth Advisors now owns 17,268 shares of the company’s stock worth $537,000 after purchasing an additional 806 shares during the period. Stifel Financial Corp increased its position in First Trust Nasdaq Oil & Gas ETF by 2.1% during the third quarter. Stifel Financial Corp now owns 58,725 shares of the company’s stock worth $1,700,000 after buying an additional 1,215 shares during the last quarter. Finally, Gateway Wealth Partners LLC raised its stake in First Trust Nasdaq Oil & Gas ETF by 11.8% in the second quarter. Gateway Wealth Partners LLC now owns 14,459 shares of the company’s stock valued at $446,000 after buying an additional 1,531 shares during the period.

First Trust Nasdaq Oil & Gas ETF Trading Up 0.4 %

Shares of NASDAQ FTXN opened at $29.69 on Thursday. The company has a market capitalization of $161.81 million, a P/E ratio of 6.47 and a beta of 1.44. First Trust Nasdaq Oil & Gas ETF has a 12 month low of $26.60 and a 12 month high of $33.72. The stock has a 50 day moving average of $30.02 and a 200-day moving average of $30.07.

First Trust Nasdaq Oil & Gas ETF Cuts Dividend

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

First Trust Nasdaq Oil & Gas ETF 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.