18,257 Shares in First Trust Natural Gas ETF $FCG Bought by Wedbush Securities Inc.

Wedbush Securities Inc. bought a new stake in First Trust Natural Gas ETF (NYSEARCA:FCG) during the 3rd quarter, Holdings Channel reports. The firm bought 18,257 shares of the company’s stock, valued at approximately $521,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Skylands Capital LLC purchased a new stake in shares of First Trust Natural Gas ETF during the third quarter worth approximately $1,621,000. Capital Square LLC acquired a new stake in shares of First Trust Natural Gas ETF during the third quarter worth $264,000. LexAurum Advisors LLC purchased a new position in First Trust Natural Gas ETF in the 3rd quarter valued at $264,000. Vontobel Holding Ltd. purchased a new position in First Trust Natural Gas ETF in the 3rd quarter valued at $1,612,000. Finally, Adirondack Trust Co. purchased a new position in First Trust Natural Gas ETF in the 3rd quarter valued at $57,000.

First Trust Natural Gas ETF Stock Performance

Shares of FCG opened at $32.32 on Wednesday. The stock has a market capitalization of $706.19 million, a P/E ratio of 10.55 and a beta of 0.59. The company’s fifty day moving average is $30.73 and its two-hundred day moving average is $28.92. First Trust Natural Gas ETF has a 1 year low of $21.95 and a 1 year high of $33.03.

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.