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

Cambridge Advisors Inc. trimmed its position in shares of First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI) by 12.0% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 20,836 shares of the company’s stock after selling 2,833 shares during the quarter. Cambridge Advisors Inc.’s holdings in First Trust Indxx Global Natural Resources Income ETF were worth $281,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Cherry Creek Investment Advisors Inc. purchased a new position in shares of First Trust Indxx Global Natural Resources Income ETF during the 3rd quarter valued at about $195,000. Waterfront Wealth Inc. purchased a new position in shares of First Trust Indxx Global Natural Resources Income ETF during the 2nd quarter valued at about $201,000. Global Assets Advisory LLC purchased a new position in shares of First Trust Indxx Global Natural Resources Income ETF during the 3rd quarter valued at about $260,000. Janney Montgomery Scott LLC raised its holdings in shares of First Trust Indxx Global Natural Resources Income ETF by 4.7% during the 1st quarter. Janney Montgomery Scott LLC now owns 24,367 shares of the company’s stock valued at $323,000 after buying an additional 1,093 shares in the last quarter. Finally, Sanctuary Advisors LLC purchased a new position in First Trust Indxx Global Natural Resources Income ETF in the 2nd quarter worth approximately $570,000.

First Trust Indxx Global Natural Resources Income ETF Price Performance

Shares of First Trust Indxx Global Natural Resources Income ETF stock opened at $13.37 on Friday. The business’s 50 day simple moving average is $13.35 and its two-hundred day simple moving average is $13.36. The stock has a market capitalization of $136.37 million, a P/E ratio of 6.13 and a beta of 0.94. First Trust Indxx Global Natural Resources Income ETF has a one year low of $11.94 and a one year high of $14.12.

First Trust Indxx Global Natural Resources Income ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were paid a $0.1605 dividend. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $0.64 dividend on an annualized basis and a yield of 4.80%.

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.