JPMorgan Chase & Co. Acquires Shares of 12,589 First Trust Natural Gas ETF (NYSEARCA:FCG)

JPMorgan Chase & Co. bought a new stake in First Trust Natural Gas ETF (NYSEARCA:FCG) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 12,589 shares of the company’s stock, valued at approximately $299,000. JPMorgan Chase & Co. owned approximately 0.08% of First Trust Natural Gas ETF as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. National Bank of Canada FI lifted its position 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 worth $204,000 after purchasing an additional 7,741 shares during the last quarter. HighTower Advisors LLC acquired a new stake in First Trust Natural Gas ETF during the third quarter valued at approximately $467,000. Beck Capital Management LLC lifted its holdings in First Trust Natural Gas ETF by 11.3% during the 3rd quarter. Beck Capital Management LLC now owns 9,597 shares of the company’s stock worth $228,000 after buying an additional 974 shares during the last quarter. Daiwa Securities Group Inc. grew its position in shares of First Trust Natural Gas ETF by 23.9% in the 3rd 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 in the last quarter. Finally, Pekin Hardy Strauss Inc. increased its holdings in shares of First Trust Natural Gas ETF by 27.0% in the 3rd quarter. Pekin Hardy Strauss Inc. now owns 9,785 shares of the company’s stock valued at $232,000 after acquiring an additional 2,080 shares during the last quarter.

First Trust Natural Gas ETF Stock Performance

Shares of FCG opened at $25.61 on Friday. First Trust Natural Gas ETF has a 1 year low of $22.42 and a 1 year high of $28.72. The company has a market cap of $404.64 million, a price-to-earnings ratio of 5.60 and a beta of 0.65. The firm has a fifty day moving average of $25.29 and a 200-day moving average of $24.97.

First Trust Natural Gas ETF Company 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.