First Trust Natural Gas ETF $FCG Shares Purchased by Pekin Hardy Strauss Inc.

Pekin Hardy Strauss Inc. raised its holdings in First Trust Natural Gas ETF (NYSEARCA:FCG) by 21.0% during the second quarter, Holdings Channel.com reports. The firm owned 15,870 shares of the company’s stock after purchasing an additional 2,750 shares during the quarter. Pekin Hardy Strauss Inc.’s holdings in First Trust Natural Gas ETF were worth $367,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in FCG. Wealth Enhancement Advisory Services LLC acquired a new stake in shares of First Trust Natural Gas ETF in the 2nd quarter valued at approximately $239,000. Envestnet Asset Management Inc. lifted its holdings in 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. Cetera Investment Advisers lifted its holdings in First Trust Natural Gas ETF by 77.7% in the first quarter. Cetera Investment Advisers now owns 33,391 shares of the company’s stock valued at $830,000 after acquiring an additional 14,597 shares during the period. Blair William & Co. IL boosted its position in shares of First Trust Natural Gas ETF by 2,000.0% during the 1st quarter. Blair William & Co. IL now owns 1,050 shares of the company’s stock worth $26,000 after purchasing an additional 1,000 shares in the last quarter. Finally, Stratos Wealth Partners LTD. purchased a new stake in shares of First Trust Natural Gas ETF during the 1st quarter worth $632,000.

First Trust Natural Gas ETF Stock Up 2.4%

Shares of FCG opened at $23.17 on Friday. The company has a 50-day simple moving average of $23.10 and a 200-day simple moving average of $23.05. The company has a market capitalization of $356.82 million, a PE ratio of 10.55 and a beta of 0.87. First Trust Natural Gas ETF has a 52-week low of $18.81 and a 52-week high of $27.17.

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.