First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXN) Declares Quarterly Dividend of $0.17

First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXN) declared a quarterly dividend on Wednesday, March 26th, NASDAQ Dividends reports. Shareholders of record on Thursday, March 27th will be paid a dividend of 0.1747 per share on Monday, March 31st. This represents a $0.70 annualized dividend and a yield of 2.32%. The ex-dividend date is Thursday, March 27th.

First Trust Nasdaq Oil & Gas ETF Price Performance

Shares of NASDAQ FTXN traded down $0.52 during trading hours on Thursday, hitting $30.12. 24,867 shares of the stock were exchanged, compared to its average volume of 46,052. The firm has a market capitalization of $164.15 million, a P/E ratio of 12.12 and a beta of 1.44. First Trust Nasdaq Oil & Gas ETF has a one year low of $27.24 and a one year high of $33.72. The company’s 50 day moving average is $29.79 and its 200 day moving average is $29.84.

First Trust Nasdaq Oil & Gas ETF Company 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.