First Trust Nasdaq Oil & Gas ETF $FTXN Shares Newly Acquired by Englebert Financial Advisers LLC

Englebert Financial Advisers LLC bought a new position in First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXN) in the 3rd quarter, HoldingsChannel.com reports. The institutional investor bought 16,317 shares of the company’s stock, valued at approximately $620,000.

Several other institutional investors have also made changes to their positions in FTXN. Envestnet Asset Management Inc. increased its position in shares of First Trust Nasdaq Oil & Gas ETF by 27.5% in the second quarter. Envestnet Asset Management Inc. now owns 75,224 shares of the company’s stock worth $2,515,000 after acquiring an additional 16,211 shares in the last quarter. Citadel Advisors LLC lifted its position in shares of First Trust Nasdaq Oil & Gas ETF by 405.7% in the 2nd quarter. Citadel Advisors LLC now owns 63,049 shares of the company’s stock valued at $2,108,000 after acquiring an additional 50,582 shares in the last quarter. Tudor Financial Inc. purchased a new stake in shares of First Trust Nasdaq Oil & Gas ETF in the 2nd quarter valued at approximately $860,000. Kestra Advisory Services LLC lifted its position in shares of First Trust Nasdaq Oil & Gas ETF by 8.7% in the 1st quarter. Kestra Advisory Services LLC now owns 25,369 shares of the company’s stock valued at $979,000 after acquiring an additional 2,030 shares in the last quarter. Finally, Janney Montgomery Scott LLC boosted its stake in First Trust Nasdaq Oil & Gas ETF by 65.5% in the 1st quarter. Janney Montgomery Scott LLC now owns 19,367 shares of the company’s stock worth $748,000 after purchasing an additional 7,668 shares during the period.

First Trust Nasdaq Oil & Gas ETF Stock Performance

NASDAQ FTXN opened at $42.31 on Wednesday. First Trust Nasdaq Oil & Gas ETF has a twelve month low of $26.89 and a twelve month high of $42.73. The stock has a market cap of $1.18 billion, a price-to-earnings ratio of 11.81 and a beta of 0.58. The firm’s 50 day moving average price is $40.17 and its two-hundred day moving average price is $37.46.

First Trust Nasdaq Oil & Gas ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Thursday, September 24th were issued a $0.2445 dividend. The ex-dividend date was Thursday, September 24th. This is an increase from First Trust Nasdaq Oil & Gas ETF’s previous quarterly dividend of $0.1168. This represents a $0.98 dividend on an annualized basis and a dividend yield of 2.3%.

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.