UBS Group AG Raises Holdings in First Trust Natural Gas ETF $FCG

UBS Group AG boosted its holdings in shares of First Trust Natural Gas ETF (NYSEARCA:FCG) by 78.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 338,265 shares of the company’s stock after acquiring an additional 149,095 shares during the quarter. UBS Group AG owned about 1.70% of First Trust Natural Gas ETF worth $7,919,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in FCG. Financial Sense Advisors Inc. grew its holdings in shares of First Trust Natural Gas ETF by 370.7% during the 3rd quarter. Financial Sense Advisors Inc. now owns 536,663 shares of the company’s stock worth $12,606,000 after purchasing an additional 422,638 shares during the period. Quadrature Capital Ltd purchased a new stake in First Trust Natural Gas ETF in the 3rd quarter valued at about $5,905,000. BNP Paribas Financial Markets lifted its position in First Trust Natural Gas ETF by 403,125.8% in the second quarter. BNP Paribas Financial Markets now owns 250,000 shares of the company’s stock valued at $5,778,000 after buying an additional 249,938 shares during the last quarter. Lake Hills Wealth Management LLC acquired a new position in First Trust Natural Gas ETF in the fourth quarter valued at about $5,597,000. Finally, Riggs Asset Managment Co. Inc. purchased a new position in First Trust Natural Gas ETF during the fourth quarter worth about $4,371,000.

First Trust Natural Gas ETF Price Performance

Shares of FCG opened at $31.12 on Tuesday. First Trust Natural Gas ETF has a 1-year low of $21.76 and a 1-year high of $33.03. The stock has a market cap of $776.44 million, a PE ratio of 10.55 and a beta of 0.49. The firm has a 50-day simple moving average of $30.27 and a two-hundred day simple moving average of $26.57.

First Trust Natural Gas ETF Company 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.