Koshinski Asset Management Inc. Sells 20,342 Shares of First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI)

Koshinski Asset Management Inc. cut its holdings in First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI) by 36.3% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 35,702 shares of the company’s stock after selling 20,342 shares during the period. Koshinski Asset Management Inc.’s holdings in First Trust Indxx Global Natural Resources Income ETF were worth $474,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Global Assets Advisory LLC raised its position in shares of First Trust Indxx Global Natural Resources Income ETF by 737.4% during the 1st quarter. Global Assets Advisory LLC now owns 339,150 shares of the company’s stock valued at $4,501,000 after purchasing an additional 298,650 shares during the period. Walkner Condon Financial Advisors LLC bought a new stake in shares of First Trust Indxx Global Natural Resources Income ETF during the 4th quarter valued at $2,115,000. Principal Securities Inc. bought a new stake in shares of First Trust Indxx Global Natural Resources Income ETF during the 4th quarter valued at $1,156,000. Commonwealth Equity Services LLC raised its position in shares of First Trust Indxx Global Natural Resources Income ETF by 3.8% during the 1st quarter. Commonwealth Equity Services LLC now owns 1,532,421 shares of the company’s stock valued at $20,343,000 after purchasing an additional 56,435 shares during the period. Finally, International Assets Investment Management LLC bought a new stake in shares of First Trust Indxx Global Natural Resources Income ETF during the 4th quarter valued at $424,000.

First Trust Indxx Global Natural Resources Income ETF Trading Down 0.7 %

FTRI traded down $0.09 during trading on Friday, hitting $13.25. 3,802 shares of the company traded hands, compared to its average volume of 88,752. The company has a market cap of $176.23 million, a PE ratio of 6.13 and a beta of 0.94. The stock’s 50-day simple moving average is $13.42 and its two-hundred day simple moving average is $13.06. First Trust Indxx Global Natural Resources Income ETF has a 1 year low of $11.94 and a 1 year high of $14.12.

First Trust Indxx Global Natural Resources Income ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Thursday, June 27th were paid a dividend of $0.1896 per share. This represents a $0.76 annualized dividend and a yield of 5.72%. This is a boost from First Trust Indxx Global Natural Resources Income ETF’s previous quarterly dividend of $0.06. The ex-dividend date of this dividend was Thursday, June 27th.

First Trust Indxx Global Natural Resources Income ETF Company Profile

First Trust ISE Global Copper Index Fund is an exchange traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield of an equity index called the ISE Global Copper Index. The ISE Global Copper Index is designed to provide the investors interested in tracking public companies, which are active in the copper mining industry based on analysis of revenue derived from the sale of copper.