Koshinski Asset Management Inc. Trims Position in First Trust Indxx Global Natural Resources Income ETF $FTRI

Koshinski Asset Management Inc. decreased its position in shares of First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI) by 3.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 25,128 shares of the company’s stock after selling 865 shares during the quarter. Koshinski Asset Management Inc. owned 0.37% of First Trust Indxx Global Natural Resources Income ETF worth $358,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in FTRI. OLD Mission Capital LLC grew its stake in shares of First Trust Indxx Global Natural Resources Income ETF by 191.7% during the 1st quarter. OLD Mission Capital LLC now owns 107,566 shares of the company’s stock worth $1,424,000 after purchasing an additional 70,687 shares during the period. Crumly & Associates Inc. acquired a new stake in shares of First Trust Indxx Global Natural Resources Income ETF during the 2nd quarter worth approximately $249,000. Envestnet Asset Management Inc. grew its stake in shares of First Trust Indxx Global Natural Resources Income ETF by 8.7% during the 1st quarter. Envestnet Asset Management Inc. now owns 135,765 shares of the company’s stock worth $1,798,000 after purchasing an additional 10,871 shares during the period. Global Assets Advisory LLC grew its stake in shares of First Trust Indxx Global Natural Resources Income ETF by 56.8% during the 1st quarter. Global Assets Advisory LLC now owns 29,785 shares of the company’s stock worth $372,000 after purchasing an additional 10,785 shares during the period. Finally, Atria Wealth Solutions Inc. grew its stake in shares of First Trust Indxx Global Natural Resources Income ETF by 46.7% during the 1st quarter. Atria Wealth Solutions Inc. now owns 20,895 shares of the company’s stock worth $277,000 after purchasing an additional 6,654 shares during the period.

First Trust Indxx Global Natural Resources Income ETF Price Performance

Shares of NASDAQ FTRI opened at $15.41 on Tuesday. The firm’s 50 day simple moving average is $15.03 and its 200-day simple moving average is $14.22. First Trust Indxx Global Natural Resources Income ETF has a 12 month low of $11.39 and a 12 month high of $15.58. The stock has a market capitalization of $103.25 million, a price-to-earnings ratio of 15.66 and a beta of 0.94.

First Trust Indxx Global Natural Resources Income ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Thursday, September 25th were paid a $0.0754 dividend. The ex-dividend date of this dividend was Thursday, September 25th. This represents a $0.30 dividend on an annualized basis and a yield of 2.0%.

About First Trust Indxx Global Natural Resources Income ETF

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.