NTV Asset Management LLC Decreases Stake in First Trust Natural Gas ETF $FCG

NTV Asset Management LLC cut its stake in First Trust Natural Gas ETF (NYSEARCA:FCG) by 2.7% in the second quarter, Holdings Channel reports. The firm owned 18,150 shares of the company’s stock after selling 500 shares during the period. NTV Asset Management LLC’s holdings in First Trust Natural Gas ETF were worth $419,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of the stock. Envestnet Asset Management Inc. lifted its stake in shares of First Trust Natural Gas ETF by 24.6% during the first quarter. Envestnet Asset Management Inc. now owns 18,903 shares of the company’s stock worth $470,000 after buying an additional 3,734 shares during the period. Cetera Investment Advisers raised its stake in First Trust Natural Gas ETF by 77.7% in the 1st quarter. Cetera Investment Advisers now owns 33,391 shares of the company’s stock worth $830,000 after acquiring an additional 14,597 shares during the last quarter. Blair William & Co. IL lifted its position in First Trust Natural Gas ETF by 2,000.0% during the 1st quarter. Blair William & Co. IL now owns 1,050 shares of the company’s stock worth $26,000 after acquiring an additional 1,000 shares during the period. Stratos Wealth Partners LTD. purchased a new stake in First Trust Natural Gas ETF during the 1st quarter valued at about $632,000. Finally, WESPAC Advisors LLC grew its stake in First Trust Natural Gas ETF by 42.7% during the 1st quarter. WESPAC Advisors LLC now owns 24,514 shares of the company’s stock valued at $609,000 after purchasing an additional 7,338 shares during the last quarter.

First Trust Natural Gas ETF Stock Performance

Shares of FCG stock opened at $23.64 on Friday. First Trust Natural Gas ETF has a fifty-two week low of $18.81 and a fifty-two week high of $27.17. The firm has a market capitalization of $341.60 million, a PE ratio of 10.55 and a beta of 1.96. The stock’s 50-day simple moving average is $23.42 and its 200-day simple moving average is $23.00.

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.