MML Investors Services LLC Reduces Position in First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI)

MML Investors Services LLC decreased its holdings in First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI) by 22.1% in the 3rd quarter, Holdings Channel.com reports. The firm owned 22,810 shares of the company’s stock after selling 6,477 shares during the period. MML Investors Services LLC’s holdings in First Trust Indxx Global Natural Resources Income ETF were worth $308,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Flow Traders U.S. LLC bought a new position in First Trust Indxx Global Natural Resources Income ETF in the 3rd quarter worth approximately $451,000. CreativeOne Wealth LLC purchased a new stake in shares of First Trust Indxx Global Natural Resources Income ETF during the third quarter worth $621,000. Focus Financial Network Inc. boosted its holdings in shares of First Trust Indxx Global Natural Resources Income ETF by 7.6% in the third quarter. Focus Financial Network Inc. now owns 15,912 shares of the company’s stock worth $215,000 after acquiring an additional 1,127 shares during the period. Global Assets Advisory LLC purchased a new position in shares of First Trust Indxx Global Natural Resources Income ETF in the third quarter valued at $260,000. Finally, Cherry Creek Investment Advisors Inc. bought a new stake in shares of First Trust Indxx Global Natural Resources Income ETF during the 3rd quarter valued at $195,000.

First Trust Indxx Global Natural Resources Income ETF Stock Performance

Shares of FTRI opened at $12.01 on Wednesday. First Trust Indxx Global Natural Resources Income ETF has a 52-week low of $11.79 and a 52-week high of $14.12. The stock’s 50-day simple moving average is $12.98 and its 200 day simple moving average is $13.15. The stock has a market capitalization of $120.10 million, a price-to-earnings ratio of 6.13 and a beta of 0.94.

First Trust Indxx Global Natural Resources Income ETF Increases Dividend

The company also recently declared a dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th will be issued a $0.1047 dividend. This is an increase from First Trust Indxx Global Natural Resources Income ETF’s previous dividend of $0.06. The ex-dividend date of this dividend is Friday, December 13th.

About First Trust Indxx Global Natural Resources Income ETF

First Trust ISE Global Copper Index Fund is an exchange traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield of an equity index called the ISE Global Copper Index. The ISE Global Copper Index is designed to provide the investors interested in tracking public companies, which are active in the copper mining industry based on analysis of revenue derived from the sale of copper.