Sigma Planning Corp Purchases Shares of 40,084 First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXN)

Sigma Planning Corp acquired a new position in shares of First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXN) in the fourth quarter, Holdings Channel reports. The fund acquired 40,084 shares of the company’s stock, valued at approximately $1,152,000.

Other institutional investors have also made changes to their positions in the company. Geneos Wealth Management Inc. acquired a new position in First Trust Nasdaq Oil & Gas ETF in the fourth quarter worth about $45,000. Global Retirement Partners LLC grew its stake in shares of First Trust Nasdaq Oil & Gas ETF by 108.1% in the 4th quarter. Global Retirement Partners LLC now owns 2,895 shares of the company’s stock valued at $83,000 after purchasing an additional 1,504 shares during the period. U.S. Capital Wealth Advisors LLC acquired a new position in shares of First Trust Nasdaq Oil & Gas ETF in the 4th quarter worth approximately $234,000. Adamsbrown Wealth Consultants LLC raised its holdings in shares of First Trust Nasdaq Oil & Gas ETF by 11.6% in the 4th quarter. Adamsbrown Wealth Consultants LLC now owns 8,322 shares of the company’s stock worth $239,000 after buying an additional 866 shares in the last quarter. Finally, Centaurus Financial Inc. lifted its position in shares of First Trust Nasdaq Oil & Gas ETF by 6.2% during the 3rd quarter. Centaurus Financial Inc. now owns 8,575 shares of the company’s stock worth $248,000 after buying an additional 504 shares during the period.

First Trust Nasdaq Oil & Gas ETF Price Performance

Shares of NASDAQ:FTXN opened at $29.93 on Tuesday. The business’s fifty day moving average price is $29.72 and its two-hundred day moving average price is $29.99. First Trust Nasdaq Oil & Gas ETF has a fifty-two week low of $27.46 and a fifty-two week high of $33.72. The stock has a market capitalization of $163.12 million, a price-to-earnings ratio of 6.47 and a beta of 1.44.

First Trust Nasdaq Oil & Gas ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were given a dividend of $0.1768 per share. The ex-dividend date of this dividend was Friday, December 13th.

First Trust Nasdaq Oil & Gas ETF Profile

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.