Kestra Private Wealth Services LLC Sells 15,233 Shares of First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXN)

Kestra Private Wealth Services LLC lessened its holdings in First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXN) by 50.9% during the 4th quarter, Holdings Channel reports. The firm owned 14,699 shares of the company’s stock after selling 15,233 shares during the period. Kestra Private Wealth Services LLC’s holdings in First Trust Nasdaq Oil & Gas ETF were worth $416,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Private Advisor Group LLC boosted its stake in First Trust Nasdaq Oil & Gas ETF by 0.8% during the 3rd quarter. Private Advisor Group LLC now owns 58,984 shares of the company’s stock worth $1,772,000 after acquiring an additional 456 shares during the last quarter. Stratos Wealth Partners LTD. boosted its stake in First Trust Nasdaq Oil & Gas ETF by 4.1% during the 3rd quarter. Stratos Wealth Partners LTD. now owns 13,006 shares of the company’s stock worth $391,000 after acquiring an additional 516 shares during the last quarter. Mutual Advisors LLC boosted its stake in First Trust Nasdaq Oil & Gas ETF by 7.1% during the 3rd quarter. Mutual Advisors LLC now owns 11,491 shares of the company’s stock worth $345,000 after acquiring an additional 758 shares during the last quarter. Global Retirement Partners LLC boosted its stake in First Trust Nasdaq Oil & Gas ETF by 19.6% during the 4th quarter. Global Retirement Partners LLC now owns 5,764 shares of the company’s stock worth $156,000 after acquiring an additional 943 shares during the last quarter. Finally, Anchor Investment Management LLC bought a new position in First Trust Nasdaq Oil & Gas ETF during the 4th quarter worth approximately $31,000.

First Trust Nasdaq Oil & Gas ETF Price Performance

First Trust Nasdaq Oil & Gas ETF stock opened at $31.54 on Tuesday. The firm has a market capitalization of $217.63 million, a price-to-earnings ratio of 6.62 and a beta of 1.44. The company’s 50 day simple moving average is $31.60 and its 200 day simple moving average is $29.51. First Trust Nasdaq Oil & Gas ETF has a fifty-two week low of $24.77 and a fifty-two week high of $33.72.

First Trust Nasdaq Oil & Gas ETF Dividend Announcement

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

First Trust Nasdaq Oil & Gas ETF 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.