First Trust Natural Gas ETF (NYSEARCA:FCG) Shares Sold by Moors & Cabot Inc.

Moors & Cabot Inc. decreased its position in First Trust Natural Gas ETF (NYSEARCA:FCG) by 3.8% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 10,750 shares of the company’s stock after selling 425 shares during the period. Moors & Cabot Inc. owned about 0.07% of First Trust Natural Gas ETF worth $283,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Gendell Jeffrey L acquired a new stake in First Trust Natural Gas ETF in the 1st quarter valued at about $6,093,000. Commonwealth Equity Services LLC grew its position in shares of First Trust Natural Gas ETF by 245.5% in the first quarter. Commonwealth Equity Services LLC now owns 133,683 shares of the company’s stock valued at $3,668,000 after purchasing an additional 94,985 shares during the last quarter. PCG Wealth Advisors LLC grew its position in shares of 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 valued at $3,642,000 after purchasing an additional 74,575 shares during the last quarter. Tower Research Capital LLC TRC increased its stake in shares of First Trust Natural Gas ETF by 91.7% during the 4th quarter. Tower Research Capital LLC TRC now owns 91,932 shares of the company’s stock worth $2,233,000 after purchasing an additional 43,975 shares in the last quarter. Finally, GSA Capital Partners LLP acquired a new position in shares of First Trust Natural Gas ETF during the 1st quarter worth approximately $978,000.

First Trust Natural Gas ETF Stock Performance

First Trust Natural Gas ETF stock opened at $24.42 on Friday. First Trust Natural Gas ETF has a fifty-two week low of $22.42 and a fifty-two week high of $28.72. The company has a market capitalization of $385.84 million, a price-to-earnings ratio of 5.60 and a beta of 0.65. The stock has a fifty day moving average of $25.02 and a two-hundred day moving average of $26.24.

About First Trust Natural Gas ETF

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.