First Trust Natural Gas ETF (NYSEARCA:FCG) Shares Sold by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. reduced its stake in shares of First Trust Natural Gas ETF (NYSEARCA:FCG) by 48.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 15,169 shares of the company’s stock after selling 14,323 shares during the quarter. Envestnet Asset Management Inc. owned 0.10% of First Trust Natural Gas ETF worth $374,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Adirondack Trust Co. acquired a new stake in shares of First Trust Natural Gas ETF during the fourth quarter worth $79,000. Allworth Financial LP purchased a new stake in shares of First Trust Natural Gas ETF during the 4th quarter valued at $113,000. International Assets Investment Management LLC purchased a new position in shares of First Trust Natural Gas ETF in the 4th quarter worth $236,000. Daiwa Securities Group Inc. boosted its holdings in First Trust Natural Gas ETF by 21.7% in the fourth quarter. Daiwa Securities Group Inc. now owns 10,100 shares of the company’s stock valued at $249,000 after acquiring an additional 1,800 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. purchased a new stake in First Trust Natural Gas ETF during the fourth quarter valued at about $270,000.

First Trust Natural Gas ETF Price Performance

First Trust Natural Gas ETF stock opened at $21.11 on Tuesday. First Trust Natural Gas ETF has a 12 month low of $18.81 and a 12 month high of $27.87. The company has a market cap of $307.15 million, a price-to-earnings ratio of 9.04 and a beta of 1.45. The stock’s 50-day moving average is $22.52 and its 200-day moving average is $24.18.

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.