Pekin Hardy Strauss Inc. Makes New $202,000 Investment in First Trust Natural Gas ETF (NYSEARCA:FCG)

Pekin Hardy Strauss Inc. bought a new stake in shares of First Trust Natural Gas ETF (NYSEARCA:FCG) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 7,705 shares of the company’s stock, valued at approximately $202,000.

Other institutional investors have also recently made changes to their positions in the company. Gendell Jeffrey L bought a new stake in First Trust Natural Gas ETF during the first quarter worth approximately $6,093,000. Commonwealth Equity Services LLC raised its holdings in First Trust Natural Gas ETF by 245.5% during the 1st quarter. Commonwealth Equity Services LLC now owns 133,683 shares of the company’s stock valued at $3,668,000 after buying an additional 94,985 shares during the period. PCG Wealth Advisors LLC lifted its position in First Trust Natural Gas ETF by 128.2% in the first quarter. PCG Wealth Advisors LLC now owns 132,740 shares of the company’s stock worth $3,642,000 after buying an additional 74,575 shares during the last quarter. Tower Research Capital LLC TRC boosted its stake in First Trust Natural Gas ETF by 91.7% during the fourth quarter. Tower Research Capital LLC TRC now owns 91,932 shares of the company’s stock worth $2,233,000 after buying an additional 43,975 shares during the period. Finally, GSA Capital Partners LLP bought a new position in First Trust Natural Gas ETF during the first quarter valued at $978,000.

First Trust Natural Gas ETF Stock Performance

Shares of FCG opened at $24.10 on Thursday. The company’s fifty day simple moving average is $25.11 and its 200-day simple moving average is $26.26. The company has a market cap of $380.78 million, a P/E ratio of 5.60 and a beta of 0.65. First Trust Natural Gas ETF has a twelve month low of $22.42 and a twelve month high of $28.72.

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.