L.M. Kohn & Company Buys Shares of 12,148 First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXN)

L.M. Kohn & Company bought a new stake in First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXN) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 12,148 shares of the company’s stock, valued at approximately $349,000. L.M. Kohn & Company owned about 0.22% of First Trust Nasdaq Oil & Gas ETF at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Stifel Financial Corp boosted its holdings in First Trust Nasdaq Oil & Gas ETF by 2.1% in the 3rd quarter. Stifel Financial Corp now owns 58,725 shares of the company’s stock valued at $1,700,000 after purchasing an additional 1,215 shares during the last quarter. Stratos Wealth Partners LTD. raised its stake in shares of First Trust Nasdaq Oil & Gas ETF by 30.6% in the 4th quarter. Stratos Wealth Partners LTD. now owns 19,713 shares of the company’s stock valued at $567,000 after acquiring an additional 4,619 shares during the period. MML Investors Services LLC raised its stake in shares of First Trust Nasdaq Oil & Gas ETF by 3.6% in the 3rd quarter. MML Investors Services LLC now owns 10,760 shares of the company’s stock valued at $312,000 after acquiring an additional 378 shares during the period. Geneos Wealth Management Inc. purchased a new stake in shares of First Trust Nasdaq Oil & Gas ETF in the 4th quarter valued at approximately $45,000. Finally, U.S. Capital Wealth Advisors LLC purchased a new stake in shares of First Trust Nasdaq Oil & Gas ETF in the 4th quarter valued at approximately $234,000.

First Trust Nasdaq Oil & Gas ETF Stock Performance

First Trust Nasdaq Oil & Gas ETF stock opened at $29.88 on Monday. The company’s 50 day simple moving average is $29.66 and its 200-day simple moving average is $29.96. The company has a market capitalization of $162.85 million, a price-to-earnings ratio of 6.47 and a beta of 1.44. First Trust Nasdaq Oil & Gas ETF has a 1 year low of $27.46 and a 1 year high of $33.72.

First Trust Nasdaq Oil & Gas ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were paid a $0.1768 dividend. The ex-dividend date was Friday, December 13th.

First Trust Nasdaq Oil & Gas ETF Company Profile

The First Trust Nasdaq Oil & Gas ETF (FTXN) is an exchange-traded fund that is based on the NASDAQ US Smart Oil & Gas index. The fund tracks an index composed of 50 US oil and gas companies. Holdings are selected by liquidity and weighted based on volatility, value and growth factors. FTXN was launched on Sep 20, 2016 and is managed by First Trust.