First Trust Natural Gas ETF (NYSEARCA:FCG) Trading 3.1% Higher

First Trust Natural Gas ETF (NYSEARCA:FCG) shares were up 3.1% on Thursday . The company traded as high as $24.71 and last traded at $24.64. Approximately 551,616 shares traded hands during trading, an increase of 135% from the average daily volume of 234,843 shares. The stock had previously closed at $23.90.

First Trust Natural Gas ETF Stock Up 3.1 %

The firm’s 50-day moving average is $26.27 and its 200-day moving average is $26.10. The company has a market cap of $389.31 million, a PE ratio of 5.60 and a beta of 0.65.

Institutional Trading of First Trust Natural Gas ETF

Several large investors have recently bought and sold shares of FCG. Creekmur Asset Management LLC purchased a new position in shares of First Trust Natural Gas ETF in the 4th quarter valued at approximately $29,000. U S Global Investors Inc. bought a new position in First Trust Natural Gas ETF in the first quarter worth $30,000. International Assets Investment Management LLC purchased a new position in First Trust Natural Gas ETF during the second quarter valued at $49,000. Simplex Trading LLC purchased a new position in First Trust Natural Gas ETF during the fourth quarter valued at $139,000. Finally, Geneos Wealth Management Inc. boosted its holdings in shares of First Trust Natural Gas ETF by 29.1% during the 1st quarter. Geneos Wealth Management Inc. now owns 6,650 shares of the company’s stock valued at $182,000 after buying an additional 1,500 shares in the last quarter.

About First Trust Natural Gas ETF

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.