Ethos Financial Group LLC Invests $2.29 Million in First Trust Natural Gas ETF $FCG

Ethos Financial Group LLC purchased a new stake in shares of First Trust Natural Gas ETF (NYSEARCA:FCG) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 97,760 shares of the company’s stock, valued at approximately $2,289,000. Ethos Financial Group LLC owned approximately 0.50% of First Trust Natural Gas ETF at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Farther Finance Advisors LLC bought a new stake in First Trust Natural Gas ETF in the 3rd quarter worth about $37,000. Larson Financial Group LLC lifted its position in shares of First Trust Natural Gas ETF by 38.4% during the 3rd quarter. Larson Financial Group LLC now owns 3,745 shares of the company’s stock worth $88,000 after buying an additional 1,040 shares in the last quarter. Vontobel Holding Ltd. purchased a new position in shares of First Trust Natural Gas ETF in the 3rd quarter worth approximately $221,000. Stratos Wealth Partners LTD. bought a new position in shares of First Trust Natural Gas ETF in the fourth quarter valued at approximately $228,000. Finally, PACK Private Wealth LLC bought a new position in shares of First Trust Natural Gas ETF in the third quarter valued at approximately $232,000.

First Trust Natural Gas ETF Stock Performance

Shares of FCG opened at $31.16 on Friday. The stock has a 50 day moving average of $28.28 and a 200 day moving average of $25.14. The company has a market capitalization of $836.65 million, a price-to-earnings ratio of 10.55 and a beta of 0.87. First Trust Natural Gas ETF has a 12 month low of $18.81 and a 12 month high of $33.03.

First Trust Natural Gas ETF Company 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. The Index is constructed by establishing the universe of stocks listed in the United States of companies involved in the natural gas exploration and production industries and then eliminates stocks whose natural gas-proven reserves do not meet certain requirements.