Steward Partners Investment Advisory LLC Raises Stake in First Trust Natural Gas ETF (NYSEARCA:FCG)

Steward Partners Investment Advisory LLC grew its stake in shares of First Trust Natural Gas ETF (NYSEARCA:FCG) by 327.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 26,093 shares of the company’s stock after purchasing an additional 19,995 shares during the quarter. Steward Partners Investment Advisory LLC owned approximately 0.17% of First Trust Natural Gas ETF worth $643,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the stock. Larson Financial Group LLC lifted its stake in First Trust Natural Gas ETF by 33.4% in the third quarter. Larson Financial Group LLC now owns 2,475 shares of the company’s stock worth $59,000 after acquiring an additional 620 shares during the period. Adirondack Trust Co. purchased a new stake in First Trust Natural Gas ETF in the fourth quarter worth about $79,000. Allworth Financial LP purchased a new stake in First Trust Natural Gas ETF in the fourth quarter worth about $113,000. Daiwa Securities Group Inc. lifted its stake in First Trust Natural Gas ETF by 23.9% in the third quarter. Daiwa Securities Group Inc. now owns 8,300 shares of the company’s stock worth $197,000 after acquiring an additional 1,600 shares during the period. Finally, National Bank of Canada FI lifted its stake in First Trust Natural Gas ETF by 910.7% in the third quarter. National Bank of Canada FI now owns 8,591 shares of the company’s stock worth $204,000 after acquiring an additional 7,741 shares during the period.

First Trust Natural Gas ETF Price Performance

NYSEARCA:FCG opened at $23.24 on Wednesday. First Trust Natural Gas ETF has a 1-year low of $22.20 and a 1-year high of $28.72. The company has a 50-day moving average of $25.17 and a 200 day moving average of $24.76. The firm has a market cap of $405.54 million, a PE ratio of 8.64 and a beta of 1.75.

First Trust Natural Gas ETF Profile

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.