Jane Street Group LLC Cuts Position in First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXN)

Jane Street Group LLC trimmed its stake in First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXN) by 59.8% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 13,162 shares of the company’s stock after selling 19,579 shares during the period. Jane Street Group LLC owned approximately 0.23% of First Trust Nasdaq Oil & Gas ETF worth $381,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Centaurus Financial Inc. lifted its stake in shares of 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 acquiring an additional 504 shares during the last quarter. Clarus Wealth Advisors lifted its stake in shares of First Trust Nasdaq Oil & Gas ETF by 4.9% during the 3rd quarter. Clarus Wealth Advisors now owns 17,268 shares of the company’s stock worth $537,000 after acquiring an additional 806 shares during the last quarter. Stifel Financial Corp lifted its stake in shares of First Trust Nasdaq Oil & Gas ETF by 2.1% during the 3rd quarter. Stifel Financial Corp now owns 58,725 shares of the company’s stock worth $1,700,000 after acquiring an additional 1,215 shares during the last quarter. Gateway Wealth Partners LLC lifted its stake 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 acquiring an additional 1,531 shares during the last quarter. Finally, Quantinno Capital Management LP lifted its stake in shares of First Trust Nasdaq Oil & Gas ETF by 15.4% during 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 last quarter.

First Trust Nasdaq Oil & Gas ETF Stock Performance

Shares of FTXN stock opened at $29.69 on Thursday. First Trust Nasdaq Oil & Gas ETF has a 52-week low of $26.60 and a 52-week high of $33.72. The firm has a market capitalization of $161.81 million, a P/E ratio of 6.47 and a beta of 1.44. The stock has a 50 day moving average price of $30.02 and a 200 day moving average price of $30.07.

First Trust Nasdaq Oil & Gas ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were paid a dividend of $0.1768 per share. The ex-dividend date was 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.