First Trust Natural Gas ETF $FCG Shares Purchased by Corrado Advisors LLC

Corrado Advisors LLC boosted its holdings in First Trust Natural Gas ETF (NYSEARCA:FCG) by 10.4% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 45,182 shares of the company’s stock after purchasing an additional 4,238 shares during the quarter. Corrado Advisors LLC owned about 0.31% of First Trust Natural Gas ETF worth $1,044,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Woodard & Co. Asset Management Group Inc. ADV purchased a new stake in First Trust Natural Gas ETF in the first quarter valued at approximately $10,173,000. PCG Wealth Advisors LLC lifted its stake in First Trust Natural Gas ETF by 12.7% in the first quarter. PCG Wealth Advisors LLC now owns 193,654 shares of the company’s stock valued at $4,812,000 after buying an additional 21,810 shares during the last quarter. Proficio Capital Partners LLC lifted its stake in First Trust Natural Gas ETF by 336.1% in the first quarter. Proficio Capital Partners LLC now owns 106,070 shares of the company’s stock valued at $2,636,000 after buying an additional 81,745 shares during the last quarter. Stratos Investment Management LLC purchased a new stake in First Trust Natural Gas ETF in the first quarter valued at approximately $1,656,000. Finally, Trek Financial LLC lifted its stake in First Trust Natural Gas ETF by 12.4% in the first quarter. Trek Financial LLC now owns 35,623 shares of the company’s stock valued at $885,000 after buying an additional 3,941 shares during the last quarter.

First Trust Natural Gas ETF Trading Down 2.0%

Shares of NYSEARCA FCG opened at $22.10 on Wednesday. First Trust Natural Gas ETF has a twelve month low of $18.81 and a twelve month high of $27.17. The stock has a 50 day moving average of $23.26 and a two-hundred day moving average of $22.96. The stock has a market cap of $340.34 million, a P/E ratio of 10.55 and a beta of 0.87.

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.