First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI) Shares Down 0.4% – Here’s What Happened

Shares of First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI) fell 0.4% during trading on Monday . The stock traded as low as $16.65 and last traded at $16.68. 32,241 shares traded hands during mid-day trading, a decline of 33% from the average session volume of 48,021 shares. The stock had previously closed at $16.74.

First Trust Indxx Global Natural Resources Income ETF Stock Down 0.4%

The company has a market capitalization of $128.44 million, a P/E ratio of 15.66 and a beta of 0.57. The company’s 50-day simple moving average is $17.61 and its 200 day simple moving average is $17.14.

First Trust Indxx Global Natural Resources Income ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th were given a $0.0666 dividend. This represents a $0.27 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend was Thursday, March 26th.

Institutional Trading of First Trust Indxx Global Natural Resources Income ETF

Several large investors have recently added to or reduced their stakes in the business. Treasure Coast Financial Planning grew its position in First Trust Indxx Global Natural Resources Income ETF by 3.8% in the fourth quarter. Treasure Coast Financial Planning now owns 27,429 shares of the company’s stock worth $430,000 after acquiring an additional 1,004 shares in the last quarter. International Assets Investment Management LLC acquired a new position in First Trust Indxx Global Natural Resources Income ETF during the 4th quarter valued at $25,000. Northwestern Mutual Wealth Management Co. acquired a new position in First Trust Indxx Global Natural Resources Income ETF during the 2nd quarter valued at $25,000. Bank of America Corp DE raised its stake in First Trust Indxx Global Natural Resources Income ETF by 2.5% during the 2nd quarter. Bank of America Corp DE now owns 105,736 shares of the company’s stock valued at $1,505,000 after purchasing an additional 2,578 shares during the last quarter. Finally, Comerica Bank raised its stake in First Trust Indxx Global Natural Resources Income ETF by 120.0% during the 1st quarter. Comerica Bank now owns 5,500 shares of the company’s stock valued at $73,000 after purchasing an additional 3,000 shares during the last quarter.

About First Trust Indxx Global Natural Resources Income ETF

First Trust ISE Global Copper Index Fund is an exchange traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield of an equity index called the ISE Global Copper Index. The ISE Global Copper Index is designed to provide the investors interested in tracking public companies, which are active in the copper mining industry based on analysis of revenue derived from the sale of copper. The issuers of the component securities of the index must be engaged in some aspect of the copper mining industry, such as copper mining, refining or exploration.