Guardian Asset Advisors LLC Decreases Position in First Trust Natural Gas ETF $FCG

Guardian Asset Advisors LLC lessened its holdings in First Trust Natural Gas ETF (NYSEARCA:FCG) by 7.8% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 14,015 shares of the company’s stock after selling 1,192 shares during the quarter. Guardian Asset Advisors LLC’s holdings in First Trust Natural Gas ETF were worth $324,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in FCG. Golden State Wealth Management LLC raised its position in First Trust Natural Gas ETF by 100.0% in the 1st quarter. Golden State Wealth Management LLC now owns 1,000 shares of the company’s stock worth $25,000 after purchasing an additional 500 shares during the period. Wealth Effects LLC increased its position in shares of First Trust Natural Gas ETF by 3.6% in the first quarter. Wealth Effects LLC now owns 18,650 shares of the company’s stock valued at $463,000 after acquiring an additional 650 shares during the period. Skylands Capital LLC purchased a new position in shares of First Trust Natural Gas ETF in the first quarter valued at about $1,185,000. Envestnet Asset Management Inc. increased its position in shares of First Trust Natural Gas ETF by 24.6% in the first quarter. Envestnet Asset Management Inc. now owns 18,903 shares of the company’s stock valued at $470,000 after acquiring an additional 3,734 shares during the period. Finally, Stratos Investment Management LLC purchased a new position in shares of First Trust Natural Gas ETF in the first quarter valued at about $1,656,000.

First Trust Natural Gas ETF Trading Up 2.9%

FCG stock opened at $22.82 on Friday. The firm’s 50-day moving average price is $23.28 and its two-hundred day moving average price is $22.88. First Trust Natural Gas ETF has a 12-month low of $18.81 and a 12-month high of $27.17. The stock has a market capitalization of $352.57 million, a price-to-earnings ratio of 10.55 and a beta of 1.96.

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.