Stifel Financial Corp Purchases 1,215 Shares of First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXN)

Stifel Financial Corp grew its holdings in First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXN) by 2.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 58,725 shares of the company’s stock after purchasing an additional 1,215 shares during the quarter. Stifel Financial Corp owned about 1.03% of First Trust Nasdaq Oil & Gas ETF worth $1,700,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also added to or reduced their stakes in the business. Gateway Wealth Partners LLC grew its position in shares of First Trust Nasdaq Oil & Gas ETF by 11.8% during the 2nd quarter. Gateway Wealth Partners LLC now owns 14,459 shares of the company’s stock worth $446,000 after buying an additional 1,531 shares during the period. Clarus Wealth Advisors grew its stake in shares of First Trust Nasdaq Oil & Gas ETF by 4.9% in the 3rd quarter. Clarus Wealth Advisors now owns 17,268 shares of the company’s stock valued at $537,000 after buying an additional 806 shares during the period. Commonwealth Equity Services LLC raised its stake in First Trust Nasdaq Oil & Gas ETF by 5.2% during the 2nd quarter. Commonwealth Equity Services LLC now owns 167,516 shares of the company’s stock worth $5,170,000 after buying an additional 8,234 shares during the period. Quantinno Capital Management LP boosted its holdings in First Trust Nasdaq Oil & Gas ETF by 15.4% in the third quarter. Quantinno Capital Management LP now owns 15,046 shares of the company’s stock worth $436,000 after acquiring an additional 2,011 shares in the last quarter. Finally, Adamsbrown Wealth Consultants LLC bought a new stake in shares of First Trust Nasdaq Oil & Gas ETF during the third quarter valued at approximately $216,000.

First Trust Nasdaq Oil & Gas ETF Trading Up 1.0 %

NASDAQ FTXN opened at $27.75 on Friday. The company has a market cap of $158.18 million, a P/E ratio of 6.47 and a beta of 1.44. The company has a fifty day simple moving average of $30.26 and a 200 day simple moving average of $30.21. First Trust Nasdaq Oil & Gas ETF has a 12-month low of $26.60 and a 12-month high of $33.72.

First Trust Nasdaq Oil & Gas ETF Cuts Dividend

The business also recently declared a dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th will be paid a dividend of $0.1768 per share. The ex-dividend date is Friday, December 13th.

First Trust Nasdaq Oil & Gas ETF 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.