NewEdge Wealth LLC Sells 737 Shares of First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXN)

NewEdge Wealth LLC lowered its position in First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXN) by 4.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 15,008 shares of the company’s stock after selling 737 shares during the quarter. NewEdge Wealth LLC’s holdings in First Trust Nasdaq Oil & Gas ETF were worth $425,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in FTXN. Anchor Investment Management LLC acquired a new position in First Trust Nasdaq Oil & Gas ETF during the 4th quarter worth about $31,000. PNC Financial Services Group Inc. acquired a new position in shares of First Trust Nasdaq Oil & Gas ETF in the fourth quarter worth approximately $32,000. ICA Group Wealth Management LLC bought a new stake in First Trust Nasdaq Oil & Gas ETF in the fourth quarter valued at approximately $41,000. Credit Suisse AG acquired a new stake in First Trust Nasdaq Oil & Gas ETF during the 2nd quarter valued at approximately $64,000. Finally, Global Retirement Partners LLC increased its position in First Trust Nasdaq Oil & Gas ETF by 383.1% during the 3rd quarter. Global Retirement Partners LLC now owns 4,821 shares of the company’s stock valued at $135,000 after purchasing an additional 3,823 shares during the period.

First Trust Nasdaq Oil & Gas ETF Stock Performance

NASDAQ:FTXN opened at $32.06 on Thursday. First Trust Nasdaq Oil & Gas ETF has a 52 week low of $24.77 and a 52 week high of $33.72. The firm’s fifty day moving average is $30.73 and its 200-day moving average is $29.30. The firm has a market cap of $221.24 million, a P/E ratio of 6.07 and a beta of 1.44.

First Trust Nasdaq Oil & Gas ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 22nd were given a dividend of $0.1404 per share. The ex-dividend date was Thursday, March 21st.

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.