Cambridge Advisors Inc. Cuts Stake in First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI)

Cambridge Advisors Inc. lessened its holdings in First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI) by 9.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 18,770 shares of the company’s stock after selling 2,066 shares during the quarter. Cambridge Advisors Inc. owned 0.23% of First Trust Indxx Global Natural Resources Income ETF worth $226,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Focus Financial Network Inc. increased its holdings in shares of First Trust Indxx Global Natural Resources Income ETF by 7.6% in the third quarter. Focus Financial Network Inc. now owns 15,912 shares of the company’s stock worth $215,000 after buying an additional 1,127 shares during the period. Columbia Advisory Partners LLC grew its position in First Trust Indxx Global Natural Resources Income ETF by 6.6% during the 4th quarter. Columbia Advisory Partners LLC now owns 29,642 shares of the company’s stock worth $356,000 after acquiring an additional 1,836 shares during the last quarter. Cherry Creek Investment Advisors Inc. bought a new position in First Trust Indxx Global Natural Resources Income ETF during the 3rd quarter worth approximately $195,000. Global Assets Advisory LLC purchased a new position in First Trust Indxx Global Natural Resources Income ETF in the 3rd quarter worth approximately $260,000. Finally, Flow Traders U.S. LLC bought a new stake in First Trust Indxx Global Natural Resources Income ETF in the third quarter valued at approximately $451,000.

First Trust Indxx Global Natural Resources Income ETF Stock Performance

Shares of First Trust Indxx Global Natural Resources Income ETF stock opened at $12.65 on Friday. The company’s 50 day moving average price is $12.58 and its 200-day moving average price is $13.03. First Trust Indxx Global Natural Resources Income ETF has a 52-week low of $11.79 and a 52-week high of $14.12. The stock has a market capitalization of $105.00 million, a price-to-earnings ratio of 6.13 and a beta of 0.94.

First Trust Indxx Global Natural Resources Income ETF Increases Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were issued a $0.1047 dividend. The ex-dividend date was Friday, December 13th. This is a positive change from First Trust Indxx Global Natural Resources Income ETF’s previous dividend of $0.06.

First Trust Indxx Global Natural Resources Income ETF 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.