186,717 Shares in First Trust Natural Gas ETF $FCG Acquired by Riggs Asset Managment Co. Inc.

Riggs Asset Managment Co. Inc. purchased a new stake in First Trust Natural Gas ETF (NYSEARCA:FCG) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 186,717 shares of the company’s stock, valued at approximately $4,371,000. Riggs Asset Managment Co. Inc. owned 0.94% of First Trust Natural Gas ETF at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. Farther Finance Advisors LLC acquired a new position in shares of First Trust Natural Gas ETF in the third quarter valued at $37,000. Larson Financial Group LLC raised its position in shares of First Trust Natural Gas ETF by 38.4% in the third quarter. Larson Financial Group LLC now owns 3,745 shares of the company’s stock valued at $88,000 after purchasing an additional 1,040 shares during the period. Sound Income Strategies LLC acquired a new stake in shares of First Trust Natural Gas ETF during the 4th quarter worth about $184,000. Vontobel Holding Ltd. acquired a new stake in shares of First Trust Natural Gas ETF during the 3rd quarter worth about $221,000. Finally, Stratos Wealth Partners LTD. bought a new stake in shares of First Trust Natural Gas ETF during the 4th quarter worth about $228,000.

First Trust Natural Gas ETF Stock Performance

Shares of FCG stock opened at $30.11 on Friday. First Trust Natural Gas ETF has a 52 week low of $20.65 and a 52 week high of $33.03. The company has a market capitalization of $734.68 million, a price-to-earnings ratio of 10.55 and a beta of 0.54. The company has a 50-day simple moving average of $29.45 and a 200 day simple moving average of $25.73.

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. 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.