Global Retirement Partners LLC Has $83,000 Stock Position in First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXN)

Global Retirement Partners LLC increased its stake in First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXN) by 108.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,895 shares of the company’s stock after acquiring an additional 1,504 shares during the quarter. Global Retirement Partners LLC owned about 0.05% of First Trust Nasdaq Oil & Gas ETF worth $83,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Geneos Wealth Management Inc. acquired a new position in First Trust Nasdaq Oil & Gas ETF in the fourth quarter valued at approximately $45,000. U.S. Capital Wealth Advisors LLC acquired a new position in First Trust Nasdaq Oil & Gas ETF in the fourth quarter valued at approximately $234,000. Adamsbrown Wealth Consultants LLC lifted its stake in First Trust Nasdaq Oil & Gas ETF by 11.6% in the fourth quarter. Adamsbrown Wealth Consultants LLC now owns 8,322 shares of the company’s stock valued at $239,000 after buying an additional 866 shares during the period. Centaurus Financial Inc. lifted its stake in First Trust Nasdaq Oil & Gas ETF by 6.2% in the third quarter. Centaurus Financial Inc. now owns 8,575 shares of the company’s stock valued at $248,000 after buying an additional 504 shares during the period. Finally, Tudor Financial Inc. acquired a new position in First Trust Nasdaq Oil & Gas ETF in the third quarter valued at approximately $275,000.

First Trust Nasdaq Oil & Gas ETF Stock Performance

Shares of FTXN opened at $29.82 on Friday. First Trust Nasdaq Oil & Gas ETF has a 52-week low of $27.46 and a 52-week high of $33.72. The business’s 50 day moving average price is $29.80 and its two-hundred day moving average price is $29.98. The firm has a market cap of $162.52 million, a PE ratio of 6.47 and a beta of 1.44.

First Trust Nasdaq Oil & Gas ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were given 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.