First Trust Indxx Global Agriculture ETF (NASDAQ:FTAG) Trading 0.3% Higher – Time to Buy?

Shares of First Trust Indxx Global Agriculture ETF (NASDAQ:FTAG) shot up 0.3% during trading on Thursday . The company traded as high as $29.37 and last traded at $29.31. 3,778 shares traded hands during trading, a decline of 41% from the average session volume of 6,354 shares. The stock had previously closed at $29.22.

First Trust Indxx Global Agriculture ETF Stock Down 1.1%

The company has a market capitalization of $15.66 million, a PE ratio of 22.24 and a beta of 0.68. The business’s 50 day simple moving average is $29.63 and its 200 day simple moving average is $28.34.

First Trust Indxx Global Agriculture ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th were paid a dividend of $0.0332 per share. The ex-dividend date of this dividend was Thursday, March 26th. This represents a $0.13 dividend on an annualized basis and a yield of 0.5%.

Institutional Trading of First Trust Indxx Global Agriculture ETF

Hedge funds have recently bought and sold shares of the company. Virtu Financial LLC lifted its position in shares of First Trust Indxx Global Agriculture ETF by 8.1% in the third quarter. Virtu Financial LLC now owns 13,365 shares of the company’s stock worth $345,000 after purchasing an additional 1,007 shares in the last quarter. Commonwealth Equity Services LLC lifted its position in shares of First Trust Indxx Global Agriculture ETF by 14.1% in the fourth quarter. Commonwealth Equity Services LLC now owns 29,225 shares of the company’s stock worth $768,000 after purchasing an additional 3,615 shares in the last quarter. Flow Traders U.S. LLC lifted its position in shares of 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 purchasing an additional 10,056 shares in the last quarter. Finally, Jane Street Group LLC purchased a new stake in shares of First Trust Indxx Global Agriculture ETF in the second quarter worth approximately $305,000.

First Trust Indxx Global Agriculture ETF Company Profile

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.