First Trust Natural Gas ETF $FCG Shares Bought by Global Wealth Strategies & Associates

Global Wealth Strategies & Associates raised its position in shares of First Trust Natural Gas ETF (NYSEARCA:FCG) by 277.0% during the 2nd quarter, Holdings Channel reports. The firm owned 59,227 shares of the company’s stock after buying an additional 43,516 shares during the quarter. Global Wealth Strategies & Associates’ holdings in First Trust Natural Gas ETF were worth $1,576,000 as of its most recent filing with the SEC.

A number of other hedge funds have also modified their holdings of FCG. Beck Capital Management LLC raised its stake in shares of First Trust Natural Gas ETF by 8.6% in the fourth quarter. Beck Capital Management LLC now owns 11,338 shares of the company’s stock worth $265,000 after purchasing an additional 900 shares during the last quarter. National Bank of Canada FI boosted its position in First Trust Natural Gas ETF by 4.6% in the third quarter. National Bank of Canada FI now owns 21,855 shares of the company’s stock valued at $513,000 after buying an additional 955 shares during the last quarter. Larson Financial Group LLC increased its holdings in First Trust Natural Gas ETF by 38.4% in the 3rd quarter. Larson Financial Group LLC now owns 3,745 shares of the company’s stock worth $88,000 after buying an additional 1,040 shares during the period. Wealth Enhancement Advisory Services LLC raised its position in First Trust Natural Gas ETF by 11.2% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 10,603 shares of the company’s stock worth $243,000 after buying an additional 1,064 shares during the last quarter. Finally, Moors & Cabot Inc. lifted its stake in First Trust Natural Gas ETF by 11.1% during the 3rd quarter. Moors & Cabot Inc. now owns 12,710 shares of the company’s stock valued at $299,000 after acquiring an additional 1,275 shares during the period.

First Trust Natural Gas ETF Stock Performance

NYSEARCA:FCG opened at $29.35 on Monday. First Trust Natural Gas ETF has a one year low of $21.76 and a one year high of $33.03. The firm has a market cap of $641.30 million, a price-to-earnings ratio of 10.55 and a beta of 0.45. The firm’s fifty day moving average is $27.98 and its two-hundred day moving average is $28.32.

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. 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.