WCG Wealth Advisors LLC Purchases Shares of 71,703 First Trust Nasdaq Oil & Gas ETF $FTXN

WCG Wealth Advisors LLC purchased a new stake in First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXN) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 71,703 shares of the company’s stock, valued at approximately $2,002,000. WCG Wealth Advisors LLC owned about 2.08% of First Trust Nasdaq Oil & Gas ETF at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Hazlett Burt & Watson Inc. bought a new stake in shares of First Trust Nasdaq Oil & Gas ETF in the 4th quarter valued at about $25,000. NBC Securities Inc. grew its position in shares of First Trust Nasdaq Oil & Gas ETF by 20.3% in the 4th quarter. NBC Securities Inc. now owns 2,229 shares of the company’s stock valued at $62,000 after buying an additional 376 shares during the last quarter. Sound Income Strategies LLC bought a new stake in shares of First Trust Nasdaq Oil & Gas ETF in the 4th quarter valued at about $71,000. Concurrent Investment Advisors LLC bought a new stake in shares of First Trust Nasdaq Oil & Gas ETF in the 4th quarter valued at about $227,000. Finally, Mariner LLC bought a new stake in shares of First Trust Nasdaq Oil & Gas ETF during the 3rd quarter valued at about $340,000.

First Trust Nasdaq Oil & Gas ETF Price Performance

Shares of First Trust Nasdaq Oil & Gas ETF stock opened at $36.05 on Friday. First Trust Nasdaq Oil & Gas ETF has a one year low of $26.46 and a one year high of $40.13. The stock’s 50-day moving average is $36.71 and its 200 day moving average is $33.09. The firm has a market cap of $149.61 million, a price-to-earnings ratio of 11.81 and a beta of 0.46.

First Trust Nasdaq Oil & Gas ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were given a dividend of $0.1366 per share. The ex-dividend date was Thursday, March 26th. This represents a $0.55 annualized dividend and a dividend yield of 1.5%.

First Trust Nasdaq Oil & Gas ETF Company Profile

The First Trust Nasdaq Oil & Gas ETF (FTXN) is an exchange-traded fund that is based on the NASDAQ US Smart Oil & Gas index. The fund tracks an index composed of 50 US oil and gas companies. Holdings are selected by liquidity and weighted based on volatility, value and growth factors. FTXN was launched on Sep 20, 2016 and is managed by First Trust.