PCG Wealth Advisors LLC boosted its holdings in shares of First Trust Natural Gas ETF (NYSEARCA:FCG – Free Report) by 89.1% in the fourth quarter, HoldingsChannel reports. The firm owned 270,887 shares of the company’s stock after buying an additional 127,656 shares during the period. First Trust Natural Gas ETF accounts for about 1.8% of PCG Wealth Advisors LLC’s holdings, making the stock its 14th biggest holding. PCG Wealth Advisors LLC’s holdings in First Trust Natural Gas ETF were worth $6,341,000 as of its most recent SEC filing.
Other hedge funds also recently added to or reduced their stakes in the company. Capital Square LLC grew its position in First Trust Natural Gas ETF by 5.5% during the 3rd quarter. Capital Square LLC now owns 13,260 shares of the company’s stock worth $311,000 after purchasing an additional 693 shares during the period. National Bank of Canada FI lifted its holdings in shares of First Trust Natural Gas ETF by 4.6% in the 3rd 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 period. Larson Financial Group LLC lifted its holdings in shares of 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 valued at $88,000 after buying an additional 1,040 shares during the period. Wealth Enhancement Advisory Services LLC boosted its stake in shares of First Trust Natural Gas ETF by 11.2% in the fourth 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, Tactive Advisors LLC grew its holdings in First Trust Natural Gas ETF by 5.8% during the fourth quarter. Tactive Advisors LLC now owns 20,510 shares of the company’s stock worth $480,000 after acquiring an additional 1,125 shares during the period.
First Trust Natural Gas ETF Trading Up 0.9%
Shares of FCG stock opened at $30.05 on Friday. First Trust Natural Gas ETF has a twelve month low of $21.76 and a twelve month high of $33.03. The stock has a 50 day moving average of $30.18 and a 200 day moving average of $26.45. The stock has a market cap of $749.75 million, a P/E ratio of 10.55 and a beta of 0.49.
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.
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