Focus Financial Network Inc. Sells 2,069 Shares of First Trust Indxx Global Natural Resources Income ETF $FTRI

Focus Financial Network Inc. trimmed its holdings in First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI) by 10.2% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,255 shares of the company’s stock after selling 2,069 shares during the quarter. Focus Financial Network Inc. owned about 0.27% of First Trust Indxx Global Natural Resources Income ETF worth $260,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also made changes to their positions in the business. OLD Mission Capital LLC lifted its holdings in shares of First Trust Indxx Global Natural Resources Income ETF by 191.7% during the first quarter. OLD Mission Capital LLC now owns 107,566 shares of the company’s stock valued at $1,424,000 after purchasing an additional 70,687 shares during the last quarter. Citadel Advisors LLC lifted its holdings in shares of First Trust Indxx Global Natural Resources Income ETF by 281.6% during the fourth quarter. Citadel Advisors LLC now owns 36,695 shares of the company’s stock valued at $441,000 after purchasing an additional 27,078 shares during the last quarter. Armis Advisers LLC purchased a new position in shares of First Trust Indxx Global Natural Resources Income ETF during the fourth quarter valued at approximately $286,000. Crumly & Associates Inc. purchased a new position in shares of First Trust Indxx Global Natural Resources Income ETF during the second quarter valued at approximately $249,000. Finally, Wealth Enhancement Advisory Services LLC purchased a new position in shares of First Trust Indxx Global Natural Resources Income ETF during the fourth quarter valued at approximately $182,000.

First Trust Indxx Global Natural Resources Income ETF Stock Performance

FTRI stock opened at $15.20 on Monday. The firm has a 50 day moving average price of $14.71 and a 200-day moving average price of $13.90. First Trust Indxx Global Natural Resources Income ETF has a 52-week low of $11.39 and a 52-week high of $15.31. The firm has a market capitalization of $104.12 million, a price-to-earnings ratio of 15.66 and a beta of 0.94.

First Trust Indxx Global Natural Resources Income ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Thursday, June 26th were issued a dividend of $0.1509 per share. The ex-dividend date of this dividend was Thursday, June 26th. This is an increase from First Trust Indxx Global Natural Resources Income ETF’s previous quarterly dividend of $0.03. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.0%.

First Trust Indxx Global Natural Resources Income ETF Company 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.