Tudor Financial Inc. Invests $275,000 in First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXN)

Tudor Financial Inc. purchased a new position in shares of First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXN) in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 9,500 shares of the company’s stock, valued at approximately $275,000.

Other large investors also recently made changes to their positions in the company. MML Investors Services LLC boosted its stake in First Trust Nasdaq Oil & Gas ETF by 3.6% during the 3rd quarter. MML Investors Services LLC now owns 10,760 shares of the company’s stock valued at $312,000 after purchasing an additional 378 shares during the period. Stifel Financial Corp boosted its stake in First Trust Nasdaq Oil & Gas ETF by 2.1% during the 3rd quarter. Stifel Financial Corp now owns 58,725 shares of the company’s stock valued at $1,700,000 after purchasing an additional 1,215 shares during the period. Quantinno Capital Management LP boosted its stake in First Trust Nasdaq Oil & Gas ETF by 15.4% during the 3rd quarter. Quantinno Capital Management LP now owns 15,046 shares of the company’s stock valued at $436,000 after purchasing an additional 2,011 shares during the period. Centaurus Financial Inc. boosted its stake in First Trust Nasdaq Oil & Gas ETF by 6.2% during 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 period. Finally, International Assets Investment Management LLC boosted its stake in 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 purchasing an additional 4,105,927 shares during the period.

First Trust Nasdaq Oil & Gas ETF Stock Up 0.9 %

Shares of NASDAQ:FTXN opened at $30.15 on Thursday. The business has a 50 day moving average price of $30.57 and a 200 day moving average price of $30.32. The company has a market cap of $171.86 million, a price-to-earnings ratio of 6.47 and a beta of 1.44. First Trust Nasdaq Oil & Gas ETF has a twelve month low of $26.60 and a twelve month high of $33.72.

First Trust Nasdaq Oil & Gas ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were issued a $0.203 dividend. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $0.81 annualized dividend and a yield of 2.69%.

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.