First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI) Trading 1% Higher – Here’s What Happened

First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI) shares were up 1% during mid-day trading on Tuesday . The company traded as high as $18.03 and last traded at $17.99. 16,662 shares traded hands during mid-day trading, a decline of 62% from the average daily volume of 43,336 shares. The stock had previously closed at $17.81.

First Trust Indxx Global Natural Resources Income ETF Trading Up 1.0%

The company has a 50 day moving average of $17.61 and a 200 day moving average of $17.39. The firm has a market cap of $125.93 million, a price-to-earnings ratio of 15.66 and a beta of 0.59.

First Trust Indxx Global Natural Resources Income ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were paid a $0.0945 dividend. The ex-dividend date was Thursday, June 25th. This represents a $0.38 annualized dividend and a dividend yield of 2.1%. This is a boost from First Trust Indxx Global Natural Resources Income ETF’s previous quarterly dividend of $0.07.

Institutional Investors Weigh In On First Trust Indxx Global Natural Resources Income ETF

Hedge funds have recently made changes to their positions in the company. Royal Bank of Canada grew its stake in First Trust Indxx Global Natural Resources Income ETF by 19.3% during the first quarter. Royal Bank of Canada now owns 810,328 shares of the company’s stock worth $14,464,000 after buying an additional 131,076 shares during the last quarter. Integrated Wealth Concepts LLC raised its stake in shares of First Trust Indxx Global Natural Resources Income ETF by 46.1% in the second quarter. Integrated Wealth Concepts LLC now owns 37,344 shares of the company’s stock valued at $593,000 after acquiring an additional 11,791 shares during the last quarter. Focus Financial Network Inc. raised its stake in shares of First Trust Indxx Global Natural Resources Income ETF by 4.3% in the second quarter. Focus Financial Network Inc. now owns 19,894 shares of the company’s stock valued at $316,000 after acquiring an additional 821 shares during the last quarter. Crumly & Associates Inc. boosted its holdings in shares of First Trust Indxx Global Natural Resources Income ETF by 43.0% in the 2nd quarter. Crumly & Associates Inc. now owns 22,683 shares of the company’s stock worth $360,000 after acquiring an additional 6,821 shares in the last quarter. Finally, Western Wealth Management LLC acquired a new position in shares of First Trust Indxx Global Natural Resources Income ETF in the 1st quarter worth approximately $62,000.

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. The issuers of the component securities of the index must be engaged in some aspect of the copper mining industry, such as copper mining, refining or exploration.