Prospera Financial Services Inc Buys 3,328 Shares of First Trust Natural Gas ETF $FCG

Prospera Financial Services Inc boosted its stake in shares of First Trust Natural Gas ETF (NYSEARCA:FCG) by 39.8% in the second quarter, Holdings Channel reports. The firm owned 11,685 shares of the company’s stock after acquiring an additional 3,328 shares during the period. Prospera Financial Services Inc’s holdings in First Trust Natural Gas ETF were worth $270,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in FCG. Blair William & Co. IL boosted its holdings 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 buying an additional 1,000 shares during the period. IFP Advisors Inc lifted its position in First Trust Natural Gas ETF by 95.2% during the 2nd quarter. IFP Advisors Inc now owns 3,075 shares of the company’s stock worth $71,000 after acquiring an additional 1,500 shares during the last quarter. Wealth Enhancement Advisory Services LLC bought a new stake in First Trust Natural Gas ETF during the second quarter valued at about $239,000. Jane Street Group LLC bought a new stake in First Trust Natural Gas ETF during the first quarter valued at about $244,000. Finally, Pekin Hardy Strauss Inc. grew its position in shares of First Trust Natural Gas ETF by 21.0% in the second quarter. Pekin Hardy Strauss Inc. now owns 15,870 shares of the company’s stock valued at $367,000 after purchasing an additional 2,750 shares during the last quarter.

First Trust Natural Gas ETF Stock Performance

First Trust Natural Gas ETF stock opened at $24.13 on Monday. First Trust Natural Gas ETF has a 52 week low of $18.81 and a 52 week high of $27.17. The firm has a market capitalization of $371.60 million, a PE ratio of 10.55 and a beta of 0.87. The business’s 50-day simple moving average is $23.10 and its 200-day simple moving average is $23.15.

About First Trust Natural Gas ETF

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.