Main Street Financial Solutions LLC Sells 1,350 Shares of First Trust Natural Gas ETF (NYSEARCA:FCG)

Main Street Financial Solutions LLC decreased its position in shares of First Trust Natural Gas ETF (NYSEARCA:FCG) by 6.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 19,594 shares of the company’s stock after selling 1,350 shares during the quarter. Main Street Financial Solutions LLC’s holdings in First Trust Natural Gas ETF were worth $476,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of FCG. Simplex Trading LLC acquired a new stake in First Trust Natural Gas ETF in the 4th quarter valued at $139,000. Fielder Capital Group LLC acquired a new position in shares of First Trust Natural Gas ETF during the fourth quarter valued at about $206,000. Oppenheimer & Co. Inc. bought a new stake in shares of First Trust Natural Gas ETF during the third quarter worth about $207,000. J.W. Cole Advisors Inc. acquired a new stake in shares of First Trust Natural Gas ETF in the 4th quarter worth about $223,000. Finally, Private Advisor Group LLC lifted its position 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 acquiring an additional 442 shares in the last quarter.

First Trust Natural Gas ETF Stock Up 1.0 %

FCG stock traded up $0.28 during mid-day trading on Friday, reaching $27.48. 184,737 shares of the company traded hands, compared to its average volume of 251,393. The stock has a market cap of $434.18 million, a price-to-earnings ratio of 5.60 and a beta of 0.65. First Trust Natural Gas ETF has a fifty-two week low of $21.40 and a fifty-two week high of $28.72. The firm’s 50 day moving average price is $27.24 and its 200 day moving average price is $25.29.

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.