First Trust Natural Gas ETF $FCG Stake Boosted by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. grew its stake in shares of First Trust Natural Gas ETF (NYSEARCA:FCG) by 1,451.5% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 34,706 shares of the company’s stock after acquiring an additional 32,469 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in First Trust Natural Gas ETF were worth $812,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Brown Miller Wealth Management LLC purchased a new position in shares of First Trust Natural Gas ETF during the 4th quarter valued at $482,000. Skylands Capital LLC grew its holdings in shares of First Trust Natural Gas ETF by 53.2% during the 3rd quarter. Skylands Capital LLC now owns 79,500 shares of the company’s stock valued at $1,867,000 after acquiring an additional 27,600 shares in the last quarter. Lake Hills Wealth Management LLC purchased a new position in shares of First Trust Natural Gas ETF during the 4th quarter valued at $5,597,000. Ethos Financial Group LLC purchased a new position in shares of First Trust Natural Gas ETF during the 4th quarter valued at $2,289,000. Finally, D.A. Davidson & CO. grew its holdings in shares of First Trust Natural Gas ETF by 156.3% during the 4th quarter. D.A. Davidson & CO. now owns 45,042 shares of the company’s stock valued at $1,054,000 after acquiring an additional 27,469 shares in the last quarter.

First Trust Natural Gas ETF Stock Up 1.5%

First Trust Natural Gas ETF stock opened at $29.14 on Tuesday. The company’s fifty day simple moving average is $30.09 and its 200-day simple moving average is $27.26. First Trust Natural Gas ETF has a 12 month low of $21.76 and a 12 month high of $33.03. The stock has a market cap of $727.04 million, a P/E ratio of 10.55 and a beta of 0.45.

First Trust Natural Gas ETF 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. The Index is constructed by establishing the universe of stocks listed in the United States of companies involved in the natural gas exploration and production industries and then eliminates stocks whose natural gas-proven reserves do not meet certain requirements.