HFG Advisors Inc. Sells 1,620 Shares of First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXN)

HFG Advisors Inc. decreased its position in First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXN) by 14.3% during the fourth quarter, HoldingsChannel.com reports. The fund owned 9,735 shares of the company’s stock after selling 1,620 shares during the quarter. HFG Advisors Inc.’s holdings in First Trust Nasdaq Oil & Gas ETF were worth $280,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in FTXN. Truist Financial Corp increased its stake in First Trust Nasdaq Oil & Gas ETF by 176.5% in the 2nd quarter. Truist Financial Corp now owns 101,178 shares of the company’s stock worth $3,122,000 after acquiring an additional 64,583 shares during the last quarter. Clarus Wealth Advisors boosted its holdings in shares of First Trust Nasdaq Oil & Gas ETF by 4.9% in the 3rd quarter. Clarus Wealth Advisors now owns 17,268 shares of the company’s stock worth $537,000 after purchasing an additional 806 shares during the period. Adamsbrown Wealth Consultants LLC purchased a new position in shares of First Trust Nasdaq Oil & Gas ETF in the 3rd quarter worth approximately $216,000. International Assets Investment Management LLC boosted its holdings in shares of First Trust Nasdaq Oil & Gas ETF by 7,106.9% in the 3rd quarter. International Assets Investment Management LLC now owns 4,163,701 shares of the company’s stock worth $127,214,000 after purchasing an additional 4,105,927 shares during the period. Finally, Centaurus Financial Inc. boosted its holdings in shares of First Trust Nasdaq Oil & Gas ETF by 6.2% in the 3rd quarter. Centaurus Financial Inc. now owns 8,575 shares of the company’s stock worth $248,000 after purchasing an additional 504 shares during the period.

First Trust Nasdaq Oil & Gas ETF Stock Performance

Shares of First Trust Nasdaq Oil & Gas ETF stock opened at $29.34 on Monday. The stock has a market cap of $159.90 million, a price-to-earnings ratio of 6.47 and a beta of 1.44. The stock has a 50 day moving average price of $29.96 and a 200-day moving average price of $30.04. First Trust Nasdaq Oil & Gas ETF has a one year low of $27.46 and a one year high of $33.72.

First Trust Nasdaq Oil & Gas ETF Cuts Dividend

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

About First Trust Nasdaq Oil & Gas ETF

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.