Wealth Effects LLC Purchases Shares of 10,725 First Trust Natural Gas ETF (NYSEARCA:FCG)

Wealth Effects LLC acquired a new position in shares of First Trust Natural Gas ETF (NYSEARCA:FCG) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 10,725 shares of the company’s stock, valued at approximately $255,000.

Other large investors have also recently made changes to their positions in the company. Raymond James & Associates lifted its position in First Trust Natural Gas ETF by 132.4% during the 3rd quarter. Raymond James & Associates now owns 916,711 shares of the company’s stock worth $21,772,000 after acquiring an additional 522,241 shares during the period. Stratos Wealth Advisors LLC lifted its holdings in shares of First Trust Natural Gas ETF by 3.4% during the third quarter. Stratos Wealth Advisors LLC now owns 126,513 shares of the company’s stock worth $3,005,000 after purchasing an additional 4,202 shares during the period. PCG Wealth Advisors LLC boosted its position in First Trust Natural Gas ETF by 1.1% in the third quarter. PCG Wealth Advisors LLC now owns 136,350 shares of the company’s stock valued at $3,238,000 after buying an additional 1,542 shares during the last quarter. Marshall Wace LLP acquired a new position in First Trust Natural Gas ETF in the 2nd quarter worth approximately $663,000. Finally, Beck Capital Management LLC purchased a new position in First Trust Natural Gas ETF during the 2nd quarter worth approximately $227,000.

First Trust Natural Gas ETF Stock Down 0.7 %

Shares of NYSEARCA:FCG traded down $0.16 during midday trading on Monday, reaching $24.04. The company’s stock had a trading volume of 79,089 shares, compared to its average volume of 224,357. The firm has a market capitalization of $379.83 million, a PE ratio of 5.60 and a beta of 0.65. The stock has a fifty day moving average of $24.52 and a 200 day moving average of $25.97. First Trust Natural Gas ETF has a twelve month low of $22.42 and a twelve month high of $28.72.

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.