JBR Co Financial Management Inc Reduces Stock Holdings in First Trust Natural Gas ETF (NYSEARCA:FCG)

JBR Co Financial Management Inc trimmed its position in First Trust Natural Gas ETF (NYSEARCA:FCG) by 14.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 17,692 shares of the company’s stock after selling 2,905 shares during the quarter. JBR Co Financial Management Inc owned about 0.11% of First Trust Natural Gas ETF worth $465,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. J.W. Cole Advisors Inc. purchased a new stake in First Trust Natural Gas ETF in the 4th quarter valued at about $223,000. International Assets Investment Management LLC purchased a new stake in shares of First Trust Natural Gas ETF in the 4th quarter valued at approximately $1,109,000. Tower Research Capital LLC TRC lifted its holdings in shares of First Trust Natural Gas ETF by 91.7% in the 4th quarter. Tower Research Capital LLC TRC now owns 91,932 shares of the company’s stock worth $2,233,000 after acquiring an additional 43,975 shares during the last quarter. Fielder Capital Group LLC purchased a new position in shares of First Trust Natural Gas ETF during the 4th quarter worth approximately $206,000. Finally, Private Advisor Group LLC increased its holdings in First Trust Natural Gas ETF by 4.3% in the 4th quarter. Private Advisor Group LLC now owns 10,809 shares of the company’s stock valued at $263,000 after purchasing an additional 442 shares during the last quarter.

First Trust Natural Gas ETF Stock Down 1.3 %

NYSEARCA:FCG traded down $0.32 during trading hours on Tuesday, reaching $24.70. 133,417 shares of the stock were exchanged, compared to its average volume of 232,788. First Trust Natural Gas ETF has a twelve month low of $22.42 and a twelve month high of $28.72. The business has a 50-day moving average of $26.13 and a two-hundred day moving average of $26.15. The company has a market capitalization of $390.26 million, a price-to-earnings ratio of 5.60 and a beta of 0.65.

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.