Wealth Effects LLC Acquires 7,275 Shares of First Trust Natural Gas ETF (NYSEARCA:FCG)

Wealth Effects LLC boosted its holdings in shares of First Trust Natural Gas ETF (NYSEARCA:FCG) by 67.8% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 18,000 shares of the company’s stock after acquiring an additional 7,275 shares during the period. Wealth Effects LLC owned 0.11% of First Trust Natural Gas ETF worth $443,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in FCG. Raymond James & Associates grew its stake in shares of First Trust Natural Gas ETF by 132.4% during the third quarter. Raymond James & Associates now owns 916,711 shares of the company’s stock worth $21,772,000 after purchasing an additional 522,241 shares during the period. PCG Wealth Advisors LLC boosted its holdings in First Trust Natural Gas ETF by 26.0% during the fourth quarter. PCG Wealth Advisors LLC now owns 171,844 shares of the company’s stock worth $4,233,000 after buying an additional 35,494 shares during the last quarter. Marshall Wace LLP acquired a new position in shares of First Trust Natural Gas ETF during the 2nd quarter worth about $663,000. HighTower Advisors LLC bought a new stake in shares of First Trust Natural Gas ETF in the 3rd quarter valued at about $467,000. Finally, JPMorgan Chase & Co. acquired a new stake in shares of First Trust Natural Gas ETF in the 3rd quarter valued at approximately $299,000.

First Trust Natural Gas ETF Stock Performance

Shares of NYSEARCA:FCG opened at $25.45 on Tuesday. The company has a 50 day moving average price of $25.30 and a two-hundred day moving average price of $24.98. The company has a market capitalization of $402.11 million, a PE ratio of 5.60 and a beta of 0.65. First Trust Natural Gas ETF has a 52 week low of $22.42 and a 52 week high of $28.72.

First Trust Natural Gas ETF 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.