One Plus One Wealth Management LLC Increases Stock Holdings in First Trust Natural Gas ETF (NYSEARCA:FCG)

One Plus One Wealth Management LLC raised its stake in First Trust Natural Gas ETF (NYSEARCA:FCG) by 12.0% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 11,181 shares of the company’s stock after purchasing an additional 1,201 shares during the period. One Plus One Wealth Management LLC’s holdings in First Trust Natural Gas ETF were worth $278,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in FCG. Vermillion Wealth Management Inc. purchased a new position in First Trust Natural Gas ETF in the fourth quarter valued at approximately $30,000. Allworth Financial LP purchased a new position in shares of First Trust Natural Gas ETF during the fourth quarter worth approximately $113,000. Tower Research Capital LLC TRC grew its position in shares of First Trust Natural Gas ETF by 68.2% during the fourth quarter. Tower Research Capital LLC TRC now owns 8,914 shares of the company’s stock worth $220,000 after acquiring an additional 3,614 shares during the last quarter. Daiwa Securities Group Inc. grew its position in shares of First Trust Natural Gas ETF by 21.7% during the fourth quarter. Daiwa Securities Group Inc. now owns 10,100 shares of the company’s stock worth $249,000 after acquiring an additional 1,800 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of First Trust Natural Gas ETF during the fourth quarter worth approximately $270,000.

First Trust Natural Gas ETF Trading Up 2.5%

Shares of FCG opened at $23.01 on Friday. The firm has a market cap of $341.70 million, a PE ratio of 9.26 and a beta of 0.89. The company’s 50 day simple moving average is $21.75 and its 200-day simple moving average is $23.84. First Trust Natural Gas ETF has a 12-month low of $18.81 and a 12-month high of $27.72.

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.