Steward Partners Investment Advisory LLC Sells 10,983 Shares of First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXN)

Steward Partners Investment Advisory LLC decreased its position in shares of First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXN) by 60.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,116 shares of the company’s stock after selling 10,983 shares during the period. Steward Partners Investment Advisory LLC owned approximately 0.13% of First Trust Nasdaq Oil & Gas ETF worth $205,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Centaurus Financial Inc. increased its position in shares of 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 worth $248,000 after purchasing an additional 504 shares during the period. Quantinno Capital Management LP increased its position in shares of First Trust Nasdaq Oil & Gas ETF by 15.4% in the third quarter. Quantinno Capital Management LP now owns 15,046 shares of the company’s stock worth $436,000 after purchasing an additional 2,011 shares during the period. Stifel Financial Corp increased its position in shares of First Trust Nasdaq Oil & Gas ETF by 2.1% in the third quarter. Stifel Financial Corp now owns 58,725 shares of the company’s stock worth $1,700,000 after purchasing an additional 1,215 shares during the period. MML Investors Services LLC increased its position in shares of First Trust Nasdaq Oil & Gas ETF by 3.6% in the third quarter. MML Investors Services LLC now owns 10,760 shares of the company’s stock worth $312,000 after purchasing an additional 378 shares during the period. Finally, Tudor Financial Inc. bought a new position in shares of First Trust Nasdaq Oil & Gas ETF in the third quarter worth $275,000.

First Trust Nasdaq Oil & Gas ETF Stock Performance

Shares of NASDAQ FTXN opened at $28.98 on Friday. The stock has a market capitalization of $157.94 million, a P/E ratio of 11.26 and a beta of 1.44. The stock’s fifty day moving average is $29.79 and its 200 day moving average is $29.83. First Trust Nasdaq Oil & Gas ETF has a 52 week low of $27.24 and a 52 week high of $33.72.

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.