First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXN) Shares Purchased by MML Investors Services LLC

MML Investors Services LLC raised its holdings in shares of First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXN) by 3.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,760 shares of the company’s stock after buying an additional 378 shares during the period. MML Investors Services LLC owned about 0.19% of First Trust Nasdaq Oil & Gas ETF worth $312,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. Centaurus Financial Inc. boosted its position in First Trust Nasdaq Oil & Gas ETF by 6.2% during the 3rd quarter. Centaurus Financial Inc. now owns 8,575 shares of the company’s stock worth $248,000 after purchasing an additional 504 shares during the period. Clarus Wealth Advisors boosted its position in shares of First Trust Nasdaq Oil & Gas ETF by 4.9% in the third quarter. Clarus Wealth Advisors now owns 17,268 shares of the company’s stock worth $537,000 after buying an additional 806 shares during the period. Stifel Financial Corp grew its stake in shares of First Trust Nasdaq Oil & Gas ETF by 2.1% in the third quarter. Stifel Financial Corp now owns 58,725 shares of the company’s stock valued at $1,700,000 after buying an additional 1,215 shares in the last quarter. Gateway Wealth Partners LLC lifted its position in 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 acquiring an additional 1,531 shares in the last quarter. Finally, Quantinno Capital Management LP boosted its holdings in First Trust Nasdaq Oil & Gas ETF by 15.4% in the 3rd 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 during the period.

First Trust Nasdaq Oil & Gas ETF Stock Up 0.8 %

Shares of NASDAQ:FTXN opened at $28.21 on Wednesday. The company has a market capitalization of $160.80 million, a price-to-earnings ratio of 6.47 and a beta of 1.44. The company has a 50 day moving average of $30.18 and a two-hundred day moving average of $30.17. First Trust Nasdaq Oil & Gas ETF has a 52-week low of $26.60 and a 52-week high of $33.72.

First Trust Nasdaq Oil & Gas ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Tuesday, December 31st. Investors 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 Company 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.