International Assets Investment Management LLC Makes New Investment in First Trust Natural Gas ETF (NYSEARCA:FCG)

International Assets Investment Management LLC acquired a new stake in First Trust Natural Gas ETF (NYSEARCA:FCG) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 1,879 shares of the company’s stock, valued at approximately $49,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. U S Global Investors Inc. purchased a new stake in First Trust Natural Gas ETF in the 1st quarter valued at about $30,000. Creekmur Asset Management LLC purchased a new stake in First Trust Natural Gas ETF in the fourth quarter valued at approximately $29,000. Simplex Trading LLC acquired a new position in First Trust Natural Gas ETF during the fourth quarter worth approximately $139,000. Geneos Wealth Management Inc. raised its stake in First Trust Natural Gas ETF by 29.1% during the first quarter. Geneos Wealth Management Inc. now owns 6,650 shares of the company’s stock worth $182,000 after purchasing an additional 1,500 shares during the period. Finally, Calton & Associates Inc. acquired a new position in shares of First Trust Natural Gas ETF in the 1st quarter valued at $226,000.

First Trust Natural Gas ETF Stock Down 1.8 %

FCG stock opened at $23.97 on Thursday. The company has a market cap of $378.73 million, a price-to-earnings ratio of 5.60 and a beta of 0.65. The business has a fifty day simple moving average of $25.73 and a 200-day simple moving average of $26.36. First Trust Natural Gas ETF has a 52 week low of $22.42 and a 52 week high of $28.72.

About First Trust Natural Gas ETF

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.