Royal Bank of Canada raised its position in First Trust Natural Gas ETF (NYSEARCA:FCG – Free Report) by 124.1% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 462,206 shares of the company’s stock after acquiring an additional 255,916 shares during the period. Royal Bank of Canada’s holdings in First Trust Natural Gas ETF were worth $14,646,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors and hedge funds have also bought and sold shares of the company. Beck Capital Management LLC grew its holdings in First Trust Natural Gas ETF by 8.6% during the fourth quarter. Beck Capital Management LLC now owns 11,338 shares of the company’s stock worth $265,000 after acquiring an additional 900 shares during the period. National Bank of Canada FI lifted its holdings in First Trust Natural Gas ETF by 4.6% in the third quarter. National Bank of Canada FI now owns 21,855 shares of the company’s stock valued at $513,000 after acquiring an additional 955 shares during the period. Larson Financial Group LLC boosted its position in 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 worth $88,000 after purchasing an additional 1,040 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in First Trust Natural Gas ETF by 11.2% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 10,603 shares of the company’s stock worth $243,000 after purchasing an additional 1,064 shares in the last quarter. Finally, Moors & Cabot Inc. grew its stake in shares of First Trust Natural Gas ETF by 11.1% during the 3rd quarter. Moors & Cabot Inc. now owns 12,710 shares of the company’s stock worth $299,000 after purchasing an additional 1,275 shares during the period.
First Trust Natural Gas ETF Price Performance
NYSEARCA:FCG opened at $28.37 on Friday. The company has a 50 day moving average price of $27.92 and a 200-day moving average price of $28.45. First Trust Natural Gas ETF has a 1-year low of $21.76 and a 1-year high of $33.03. The firm has a market cap of $622.72 million, a price-to-earnings ratio of 10.55 and a beta of 0.46.
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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