First Trust Indxx Global Agriculture ETF (NASDAQ:FTAG) Shares Up 0.1% – Still a Buy?

First Trust Indxx Global Agriculture ETF (NASDAQ:FTAG)’s share price rose 0.1% during trading on Tuesday . The stock traded as high as $30.63 and last traded at $30.56. Approximately 7,720 shares traded hands during trading, a decline of 23% from the average daily volume of 9,985 shares. The stock had previously closed at $30.54.

First Trust Indxx Global Agriculture ETF Trading Up 0.1%

The firm has a market capitalization of $11.92 million, a P/E ratio of 22.24 and a beta of 0.85. The business has a 50 day moving average of $27.67 and a 200-day moving average of $26.64.

First Trust Indxx Global Agriculture ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were given a dividend of $0.0667 per share. The ex-dividend date of this dividend was Friday, December 12th. This represents a $0.27 annualized dividend and a dividend yield of 0.9%.

Institutional Trading of First Trust Indxx Global Agriculture ETF

A number of large investors have recently added to or reduced their stakes in the company. Jane Street Group LLC acquired a new position in First Trust Indxx Global Agriculture ETF in the 2nd quarter valued at about $305,000. Centaurus Financial Inc. bought a new stake in First Trust Indxx Global Agriculture ETF during the second quarter worth about $104,000. Virtu Financial LLC lifted its position in First Trust Indxx Global Agriculture ETF by 8.1% during the third quarter. Virtu Financial LLC now owns 13,365 shares of the company’s stock worth $345,000 after purchasing an additional 1,007 shares during the period. Flow Traders U.S. LLC lifted its holdings in shares of First Trust Indxx Global Agriculture ETF by 28.8% during the 3rd quarter. Flow Traders U.S. LLC now owns 45,012 shares of the company’s stock worth $1,163,000 after acquiring an additional 10,056 shares during the period. Finally, Commonwealth Equity Services LLC raised its holdings in shares of First Trust Indxx Global Agriculture ETF by 14.1% during the 4th quarter. Commonwealth Equity Services LLC now owns 29,225 shares of the company’s stock worth $768,000 after buying an additional 3,615 shares in the last quarter.

About First Trust Indxx Global Agriculture ETF

First Trust ISE Global Platinum Index Fund (the Fund) seeks investment results that correspond generally to the price and yield of the ISE Global Platinum Index (the Index). The Fund will normally invest at least 90% of its net assets in securities that comprise the Index or in depositary receipts representing foreign securities in the Index. The Index is designed to provide a benchmark for investors interested in tracking public companies that are active in platinum group metals (PGM) mining based on revenue analysis of those companies.