First Trust Indxx Global Agriculture ETF (NASDAQ:FTAG) Stock Price Up 0.4% – Time to Buy?

First Trust Indxx Global Agriculture ETF (NASDAQ:FTAG) shares rose 0.4% during trading on Thursday . The stock traded as high as $30.20 and last traded at $30.20. Approximately 3,286 shares were traded during trading, a decline of 57% from the average daily volume of 7,573 shares. The stock had previously closed at $30.09.

First Trust Indxx Global Agriculture ETF Stock Performance

The firm’s fifty day simple moving average is $29.65 and its 200 day simple moving average is $27.51. The firm has a market cap of $14.80 million, a P/E ratio of 22.24 and a beta of 0.72.

First Trust Indxx Global Agriculture ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th were issued a dividend of $0.0332 per share. This represents a $0.13 annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend was Thursday, March 26th.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in FTAG. Centaurus Financial Inc. bought a new position in shares of First Trust Indxx Global Agriculture ETF during the 2nd quarter valued at about $104,000. Jane Street Group LLC bought a new position in shares of First Trust Indxx Global Agriculture ETF during the 2nd quarter valued at about $305,000. Virtu Financial LLC lifted its holdings in shares of First Trust Indxx Global Agriculture ETF by 8.1% in the 3rd quarter. Virtu Financial LLC now owns 13,365 shares of the company’s stock valued at $345,000 after acquiring an additional 1,007 shares during the last quarter. Commonwealth Equity Services LLC lifted its holdings in shares of First Trust Indxx Global Agriculture ETF by 14.1% in the 4th quarter. Commonwealth Equity Services LLC now owns 29,225 shares of the company’s stock valued at $768,000 after acquiring an additional 3,615 shares during the last quarter. Finally, Flow Traders U.S. LLC grew its position in First Trust Indxx Global Agriculture ETF by 28.8% in the third quarter. Flow Traders U.S. LLC now owns 45,012 shares of the company’s stock worth $1,163,000 after acquiring an additional 10,056 shares in the last quarter.

About First Trust Indxx Global Agriculture ETF

First Trust ISE Global Platinum Index Fund (the Fund) seeks investment results that correspond generally to the price and yield of the ISE Global Platinum Index (the Index). The Fund will normally invest at least 90% of its net assets in securities that comprise the Index or in depositary receipts representing foreign securities in the Index. The Index is designed to provide a benchmark for investors interested in tracking public companies that are active in platinum group metals (PGM) mining based on revenue analysis of those companies.