First Trust Nasdaq Oil & Gas ETF $FTXN Shares Sold by International Assets Investment Management LLC

International Assets Investment Management LLC lowered its stake in First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXN) by 3.7% during the second quarter, HoldingsChannel reports. The firm owned 55,748 shares of the company’s stock after selling 2,134 shares during the quarter. International Assets Investment Management LLC’s holdings in First Trust Nasdaq Oil & Gas ETF were worth $1,517,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of FTXN. HB Wealth Management LLC acquired a new stake in shares of First Trust Nasdaq Oil & Gas ETF during the second quarter worth $214,000. Adamsbrown Wealth Consultants LLC raised its position in First Trust Nasdaq Oil & Gas ETF by 11.8% during the 2nd quarter. Adamsbrown Wealth Consultants LLC now owns 9,357 shares of the company’s stock worth $255,000 after buying an additional 987 shares during the last quarter. Goldman Sachs Group Inc. raised its position in First Trust Nasdaq Oil & Gas ETF by 23.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 16,027 shares of the company’s stock worth $485,000 after buying an additional 3,021 shares during the last quarter. Royal Bank of Canada lifted its stake in shares of First Trust Nasdaq Oil & Gas ETF by 563.3% in the 1st quarter. Royal Bank of Canada now owns 51,066 shares of the company’s stock worth $1,546,000 after acquiring an additional 43,367 shares during the period. Finally, Flow Traders U.S. LLC purchased a new stake in shares of First Trust Nasdaq Oil & Gas ETF in the first quarter valued at about $501,000.

First Trust Nasdaq Oil & Gas ETF Stock Up 0.3%

NASDAQ FTXN opened at $26.76 on Monday. The stock has a market capitalization of $109.72 million, a P/E ratio of 11.81 and a beta of 1.44. First Trust Nasdaq Oil & Gas ETF has a 52-week low of $23.43 and a 52-week high of $32.50. The firm has a 50-day moving average price of $28.11 and a 200 day moving average price of $27.36.

First Trust Nasdaq Oil & Gas ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Thursday, September 25th were issued a $0.178 dividend. This represents a $0.71 annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend was Thursday, September 25th.

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.