Great Valley Advisor Group Inc. Trims Stake in First Trust Natural Gas ETF (NYSEARCA:FCG)

Great Valley Advisor Group Inc. lessened its holdings in shares of First Trust Natural Gas ETF (NYSEARCA:FCG) by 25.7% in the fourth quarter, HoldingsChannel.com reports. The fund owned 11,574 shares of the company’s stock after selling 4,009 shares during the period. Great Valley Advisor Group Inc.’s holdings in First Trust Natural Gas ETF were worth $281,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of FCG. Financial Sense Advisors Inc. grew its stake in First Trust Natural Gas ETF by 0.6% in the 4th quarter. Financial Sense Advisors Inc. now owns 116,787 shares of the company’s stock worth $2,837,000 after buying an additional 700 shares in the last quarter. Bank of Nova Scotia raised its holdings in shares of First Trust Natural Gas ETF by 2.1% during the 3rd quarter. Bank of Nova Scotia now owns 44,185 shares of the company’s stock valued at $1,148,000 after buying an additional 920 shares in the last quarter. SFG Wealth Management LLC. lifted its position in First Trust Natural Gas ETF by 4.8% in the 4th quarter. SFG Wealth Management LLC. now owns 39,743 shares of the company’s stock worth $965,000 after buying an additional 1,830 shares during the last quarter. Raymond James & Associates boosted its stake in First Trust Natural Gas ETF by 0.5% in the third quarter. Raymond James & Associates now owns 460,394 shares of the company’s stock worth $11,966,000 after buying an additional 2,064 shares in the last quarter. Finally, PCG Wealth Advisors LLC grew its position in First Trust Natural Gas ETF by 3.9% during the fourth quarter. PCG Wealth Advisors LLC now owns 58,165 shares of the company’s stock valued at $1,413,000 after acquiring an additional 2,189 shares during the last quarter.

First Trust Natural Gas ETF Stock Performance

Shares of FCG opened at $27.47 on Tuesday. First Trust Natural Gas ETF has a fifty-two week low of $21.35 and a fifty-two week high of $28.72. The firm has a market cap of $433.95 million, a price-to-earnings ratio of 5.60 and a beta of 0.65. The firm has a 50 day moving average price of $26.85 and a 200-day moving average price of $25.21.

First Trust Natural Gas ETF 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.