56,850 Shares of First Trust Natural Gas ETF $FCG Bought by Skylands Capital LLC

Skylands Capital LLC acquired a new stake in First Trust Natural Gas ETF (NYSEARCA:FCG) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 56,850 shares of the company’s stock, valued at approximately $1,621,000.

A number of other hedge funds also recently added to or reduced their stakes in the business. Guardian Partners Inc. lifted its stake in First Trust Natural Gas ETF by 451.8% in the first quarter. Guardian Partners Inc. now owns 511,001 shares of the company’s stock worth $16,240,000 after acquiring an additional 418,401 shares during the period. Royal Bank of Canada increased its position in First Trust Natural Gas ETF by 124.1% during the 1st quarter. Royal Bank of Canada now owns 462,206 shares of the company’s stock valued at $14,646,000 after purchasing an additional 255,916 shares during the period. Renaissance Technologies LLC increased its position in First Trust Natural Gas ETF by 841.5% during the 1st quarter. Renaissance Technologies LLC now owns 99,800 shares of the company’s stock valued at $3,163,000 after purchasing an additional 89,200 shares during the period. Corecam AG bought a new stake in shares of First Trust Natural Gas ETF in the 1st quarter valued at about $2,626,000. Finally, Vontobel Holding Ltd. bought a new stake in shares of First Trust Natural Gas ETF in the 3rd quarter valued at about $1,612,000.

First Trust Natural Gas ETF Stock Performance

NYSEARCA:FCG opened at $31.26 on Thursday. The firm has a 50-day simple moving average of $30.60 and a 200-day simple moving average of $29.47. First Trust Natural Gas ETF has a one year low of $21.87 and a one year high of $33.03. The firm has a market cap of $679.90 million, a P/E ratio of 10.55 and a beta of 0.59.

First Trust Natural Gas ETF 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. The Index is constructed by establishing the universe of stocks listed in the United States of companies involved in the natural gas exploration and production industries and then eliminates stocks whose natural gas-proven reserves do not meet certain requirements.