First Trust Natural Gas ETF (NYSEARCA:FCG) Stock Position Trimmed by Davis Investment Partners LLC

Davis Investment Partners LLC decreased its position in First Trust Natural Gas ETF (NYSEARCA:FCG) by 0.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 97,803 shares of the company’s stock after selling 632 shares during the period. First Trust Natural Gas ETF makes up approximately 1.1% of Davis Investment Partners LLC’s holdings, making the stock its 14th biggest position. Davis Investment Partners LLC’s holdings in First Trust Natural Gas ETF were worth $2,539,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in FCG. First Personal Financial Services acquired a new position in shares of First Trust Natural Gas ETF during the third quarter worth approximately $25,000. Larson Financial Group LLC increased its holdings in shares of First Trust Natural Gas ETF by 33.4% during the third quarter. Larson Financial Group LLC now owns 2,475 shares of the company’s stock valued at $59,000 after purchasing an additional 620 shares during the period. Daiwa Securities Group Inc. raised its stake in shares of First Trust Natural Gas ETF by 23.9% during the third quarter. Daiwa Securities Group Inc. now owns 8,300 shares of the company’s stock valued at $197,000 after purchasing an additional 1,600 shares in the last quarter. Pekin Hardy Strauss Inc. acquired a new stake in First Trust Natural Gas ETF in the second quarter worth about $202,000. Finally, National Bank of Canada FI grew its position in First Trust Natural Gas ETF by 910.7% in the 3rd quarter. National Bank of Canada FI now owns 8,591 shares of the company’s stock valued at $204,000 after buying an additional 7,741 shares in the last quarter.

First Trust Natural Gas ETF Stock Up 1.6 %

First Trust Natural Gas ETF stock traded up $0.42 during trading hours on Monday, hitting $26.38. 745,236 shares of the company traded hands, compared to its average volume of 597,366. First Trust Natural Gas ETF has a 1-year low of $22.42 and a 1-year high of $28.72. The firm has a market cap of $416.80 million, a P/E ratio of 5.60 and a beta of 0.65. The firm’s 50-day simple moving average is $24.94 and its two-hundred day simple moving average is $24.96.

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.