LPL Financial LLC Decreases Stock Position in First Trust Natural Gas ETF (NYSEARCA:FCG)

LPL Financial LLC trimmed its stake in shares of First Trust Natural Gas ETF (NYSEARCA:FCG) by 6.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 531,501 shares of the company’s stock after selling 35,287 shares during the quarter. LPL Financial LLC owned approximately 3.36% of First Trust Natural Gas ETF worth $13,091,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also bought and sold shares of the company. Adirondack Trust Co. bought a new position in First Trust Natural Gas ETF during the 4th quarter valued at approximately $79,000. Allworth Financial LP purchased a new position in shares of First Trust Natural Gas ETF during the fourth quarter valued at approximately $113,000. National Bank of Canada FI raised its holdings in shares of First Trust Natural Gas ETF by 910.7% during the third quarter. National Bank of Canada FI now owns 8,591 shares of the company’s stock valued at $204,000 after acquiring an additional 7,741 shares in the last quarter. International Assets Investment Management LLC purchased a new stake in First Trust Natural Gas ETF in the fourth quarter worth $236,000. Finally, Daiwa Securities Group Inc. boosted its holdings in First Trust Natural Gas ETF by 21.7% in the fourth quarter. Daiwa Securities Group Inc. now owns 10,100 shares of the company’s stock valued at $249,000 after acquiring an additional 1,800 shares in the last quarter.

First Trust Natural Gas ETF Trading Up 1.1 %

Shares of First Trust Natural Gas ETF stock opened at $25.23 on Thursday. The company’s fifty day simple moving average is $24.70 and its two-hundred day simple moving average is $24.80. First Trust Natural Gas ETF has a 12-month low of $22.20 and a 12-month high of $28.72. The company has a market cap of $406.20 million, a P/E ratio of 9.38 and a beta of 1.75.

About First Trust Natural Gas ETF

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.