MML Investors Services LLC Cuts Position in First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI)

MML Investors Services LLC trimmed its holdings in shares of First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI) by 22.1% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 22,810 shares of the company’s stock after selling 6,477 shares during the quarter. MML Investors Services LLC owned 0.23% of First Trust Indxx Global Natural Resources Income ETF worth $308,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of FTRI. Cetera Investment Advisers grew its stake in First Trust Indxx Global Natural Resources Income ETF by 22.6% in the 2nd quarter. Cetera Investment Advisers now owns 323,848 shares of the company’s stock valued at $4,200,000 after purchasing an additional 59,761 shares during the period. Sanctuary Advisors LLC bought a new position in First Trust Indxx Global Natural Resources Income ETF during the second quarter valued at about $570,000. Nations Financial Group Inc. IA ADV increased its holdings in First Trust Indxx Global Natural Resources Income ETF by 3.8% during the second quarter. Nations Financial Group Inc. IA ADV now owns 46,374 shares of the company’s stock worth $601,000 after buying an additional 1,692 shares during the last quarter. Commonwealth Equity Services LLC raised its position in First Trust Indxx Global Natural Resources Income ETF by 1.0% in the second quarter. Commonwealth Equity Services LLC now owns 1,546,989 shares of the company’s stock worth $20,064,000 after acquiring an additional 14,568 shares during the period. Finally, Waterfront Wealth Inc. purchased a new position in First Trust Indxx Global Natural Resources Income ETF in the second quarter valued at about $201,000.

First Trust Indxx Global Natural Resources Income ETF Stock Up 0.2 %

First Trust Indxx Global Natural Resources Income ETF stock opened at $12.01 on Wednesday. The firm has a 50 day moving average price of $12.98 and a 200-day moving average price of $13.15. First Trust Indxx Global Natural Resources Income ETF has a twelve month low of $11.79 and a twelve month high of $14.12. The company has a market capitalization of $120.10 million, a P/E ratio of 6.13 and a beta of 0.94.

First Trust Indxx Global Natural Resources Income ETF Increases Dividend

The company also recently announced a dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th will be given a $0.1047 dividend. This is an increase from First Trust Indxx Global Natural Resources Income ETF’s previous dividend of $0.06. The ex-dividend date of this dividend is Friday, December 13th.

First Trust Indxx Global Natural Resources Income ETF Profile

First Trust ISE Global Copper Index Fund is an exchange traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield of an equity index called the ISE Global Copper Index. The ISE Global Copper Index is designed to provide the investors interested in tracking public companies, which are active in the copper mining industry based on analysis of revenue derived from the sale of copper.