First Trust Natural Gas ETF $FCG Shares Bought by PCG Wealth Advisors LLC

PCG Wealth Advisors LLC raised its stake in shares of First Trust Natural Gas ETF (NYSEARCA:FCG) by 89.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 270,887 shares of the company’s stock after purchasing an additional 127,656 shares during the quarter. First Trust Natural Gas ETF comprises 1.8% of PCG Wealth Advisors LLC’s holdings, making the stock its 14th biggest position. PCG Wealth Advisors LLC owned approximately 1.34% of First Trust Natural Gas ETF worth $6,341,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in FCG. Brown Miller Wealth Management LLC purchased a new stake in shares of First Trust Natural Gas ETF during the fourth quarter valued at $482,000. Skylands Capital LLC raised its stake in First Trust Natural Gas ETF by 53.2% in the 3rd quarter. Skylands Capital LLC now owns 79,500 shares of the company’s stock worth $1,867,000 after acquiring an additional 27,600 shares during the last quarter. Lake Hills Wealth Management LLC purchased a new position in First Trust Natural Gas ETF in the 4th quarter worth $5,597,000. Ethos Financial Group LLC acquired a new stake in First Trust Natural Gas ETF during the 4th quarter worth about $2,289,000. Finally, D.A. Davidson & CO. grew its stake in 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 purchasing an additional 27,469 shares during the last quarter.

First Trust Natural Gas ETF Stock Up 0.9%

Shares of NYSEARCA:FCG opened at $30.05 on Friday. First Trust Natural Gas ETF has a 52-week low of $21.76 and a 52-week high of $33.03. The stock has a market cap of $749.75 million, a price-to-earnings ratio of 10.55 and a beta of 0.49. The business has a 50-day moving average price of $30.18 and a 200-day moving average price of $26.45.

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.