Quantinno Capital Management LP Increases Stock Position in First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXN)

Quantinno Capital Management LP raised its position in First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXN) by 15.4% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 15,046 shares of the company’s stock after buying an additional 2,011 shares during the period. Quantinno Capital Management LP owned about 0.26% of First Trust Nasdaq Oil & Gas ETF worth $436,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. International Assets Investment Management LLC grew its position in shares of First Trust Nasdaq Oil & Gas ETF by 7,106.9% during the 3rd quarter. International Assets Investment Management LLC now owns 4,163,701 shares of the company’s stock valued at $127,214,000 after acquiring an additional 4,105,927 shares during the period. Truist Financial Corp increased its position in shares of First Trust Nasdaq Oil & Gas ETF by 176.5% in the second quarter. Truist Financial Corp now owns 101,178 shares of the company’s stock valued at $3,122,000 after buying an additional 64,583 shares in the last quarter. Stevard LLC acquired a new position in shares of First Trust Nasdaq Oil & Gas ETF during the 2nd quarter worth approximately $363,000. Commonwealth Equity Services LLC lifted its position in shares of First Trust Nasdaq Oil & Gas ETF by 5.2% during the 2nd quarter. Commonwealth Equity Services LLC now owns 167,516 shares of the company’s stock valued at $5,170,000 after buying an additional 8,234 shares in the last quarter. Finally, Total Clarity Wealth Management Inc. grew its stake in First Trust Nasdaq Oil & Gas ETF by 39.7% in the 2nd quarter. Total Clarity Wealth Management Inc. now owns 26,756 shares of the company’s stock valued at $826,000 after acquiring an additional 7,609 shares during the period.

First Trust Nasdaq Oil & Gas ETF Stock Performance

NASDAQ:FTXN opened at $29.51 on Friday. The stock has a market capitalization of $168.21 million, a PE ratio of 6.47 and a beta of 1.44. First Trust Nasdaq Oil & Gas ETF has a fifty-two week low of $26.60 and a fifty-two week high of $33.72. The company has a fifty day moving average of $30.52 and a two-hundred day moving average of $30.30.

First Trust Nasdaq Oil & Gas ETF Cuts Dividend

The business also recently declared a dividend, which will be paid on Tuesday, December 31st. Investors 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.