Guardian Partners Inc. Grows Stake in First Trust Natural Gas ETF $FCG

Guardian Partners Inc. boosted its position in shares of First Trust Natural Gas ETF (NYSEARCA:FCG) by 451.8% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 511,001 shares of the company’s stock after acquiring an additional 418,401 shares during the quarter. First Trust Natural Gas ETF accounts for 1.4% of Guardian Partners Inc.’s portfolio, making the stock its 24th biggest holding. Guardian Partners Inc. owned 2.05% of First Trust Natural Gas ETF worth $16,240,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Larson Financial Group LLC boosted its holdings 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 worth $88,000 after buying an additional 1,040 shares during the last quarter. IFP Advisors Inc boosted its stake in shares of First Trust Natural Gas ETF by 254.0% during the 4th quarter. IFP Advisors Inc now owns 5,575 shares of the company’s stock worth $131,000 after acquiring an additional 4,000 shares during the last quarter. Kestra Private Wealth Services LLC bought a new stake in shares of First Trust Natural Gas ETF during the 1st quarter valued at $201,000. One Plus One Wealth Management LLC purchased a new stake in shares of First Trust Natural Gas ETF in the 1st quarter worth $202,000. Finally, Barnett & Company Inc. bought a new position in First Trust Natural Gas ETF in the 1st quarter worth $238,000.

First Trust Natural Gas ETF Stock Performance

NYSEARCA:FCG opened at $27.62 on Wednesday. The stock has a 50-day simple moving average of $28.07 and a two-hundred day simple moving average of $28.20. The firm has a market capitalization of $609.02 million, a PE ratio of 10.55 and a beta of 0.45. First Trust Natural Gas ETF has a 52-week low of $21.76 and a 52-week high of $33.03.

About First Trust Natural Gas ETF

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.