NTV Asset Management LLC Lowers Stake in First Trust Natural Gas ETF (NYSEARCA:FCG)

NTV Asset Management LLC lessened its holdings in First Trust Natural Gas ETF (NYSEARCA:FCG) by 11.7% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 22,650 shares of the company’s stock after selling 3,000 shares during the quarter. NTV Asset Management LLC owned about 0.14% of First Trust Natural Gas ETF worth $558,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Allworth Financial LP purchased a new stake in shares of First Trust Natural Gas ETF in the fourth quarter worth $113,000. Mirae Asset Global Investments Co. Ltd. bought a new position in First Trust Natural Gas ETF in the 4th quarter worth about $270,000. Stratos Wealth Advisors LLC grew its position in First Trust Natural Gas ETF by 2.2% during the 4th quarter. Stratos Wealth Advisors LLC now owns 129,359 shares of the company’s stock valued at $3,186,000 after purchasing an additional 2,846 shares during the last quarter. Wealth Effects LLC grew its position in First Trust Natural Gas ETF by 67.8% during the 4th quarter. Wealth Effects LLC now owns 18,000 shares of the company’s stock valued at $443,000 after purchasing an additional 7,275 shares during the last quarter. Finally, Geneos Wealth Management Inc. increased its stake in First Trust Natural Gas ETF by 746.7% during the 4th quarter. Geneos Wealth Management Inc. now owns 13,970 shares of the company’s stock valued at $344,000 after purchasing an additional 12,320 shares in the last quarter.

First Trust Natural Gas ETF Stock Performance

Shares of NYSEARCA FCG opened at $25.29 on Tuesday. The firm’s 50 day moving average price is $25.15 and its 200-day moving average price is $24.84. First Trust Natural Gas ETF has a 52-week low of $22.65 and a 52-week high of $28.72. The company has a market cap of $399.58 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.