First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXN) Stake Decreased by NBC Securities Inc.

NBC Securities Inc. trimmed its holdings in First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXN) by 12.8% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,581 shares of the company’s stock after selling 969 shares during the quarter. NBC Securities Inc. owned about 0.11% of First Trust Nasdaq Oil & Gas ETF worth $190,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the business. B. Riley Wealth Advisors Inc. acquired a new position in First Trust Nasdaq Oil & Gas ETF during the 1st quarter worth $203,000. Adamsbrown Wealth Consultants LLC acquired a new stake in First Trust Nasdaq Oil & Gas ETF in the third quarter worth about $216,000. Stevard LLC bought a new position in First Trust Nasdaq Oil & Gas ETF in the 2nd quarter valued at about $363,000. OneAscent Financial Services LLC grew its position in First Trust Nasdaq Oil & Gas ETF by 22.0% in the 1st quarter. OneAscent Financial Services LLC now owns 12,784 shares of the company’s stock valued at $413,000 after buying an additional 2,309 shares in the last quarter. Finally, Gateway Wealth Partners LLC increased its stake 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 valued at $446,000 after buying an additional 1,531 shares during the period.

First Trust Nasdaq Oil & Gas ETF Trading Down 0.4 %

Shares of NASDAQ:FTXN opened at $29.81 on Friday. The company has a 50 day moving average of $29.82 and a 200-day moving average of $30.70. The firm has a market cap of $175.88 million, a P/E ratio of 6.47 and a beta of 1.44. First Trust Nasdaq Oil & Gas ETF has a twelve month low of $26.60 and a twelve month high of $33.72.

First Trust Nasdaq Oil & Gas ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were given a $0.203 dividend. The ex-dividend date was Thursday, September 26th. This represents a $0.81 dividend on an annualized basis and a yield of 2.72%.

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.