First Trust Indxx Global Agriculture ETF (NASDAQ:FTAG) Trading Up 0.1% – Here’s Why

First Trust Indxx Global Agriculture ETF (NASDAQ:FTAG)’s share price traded up 0.1% during mid-day trading on Tuesday . The stock traded as high as $30.63 and last traded at $30.56. 7,720 shares were traded during trading, a decline of 23% from the average session volume of 9,985 shares. The stock had previously closed at $30.54.

First Trust Indxx Global Agriculture ETF Price Performance

The company has a market capitalization of $11.92 million, a price-to-earnings ratio of 22.24 and a beta of 0.85. The firm’s fifty day moving average price is $27.67 and its 200-day moving average price is $26.64.

First Trust Indxx Global Agriculture ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Friday, December 12th were issued a $0.0667 dividend. The ex-dividend date was Friday, December 12th. This represents a $0.27 annualized dividend and a yield of 0.9%.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Centaurus Financial Inc. acquired a new position in shares of First Trust Indxx Global Agriculture ETF during the second quarter worth approximately $104,000. Jane Street Group LLC bought a new position in shares of First Trust Indxx Global Agriculture ETF in the second quarter valued at $305,000. Virtu Financial LLC grew its holdings in shares of First Trust Indxx Global Agriculture ETF by 8.1% during the third quarter. Virtu Financial LLC now owns 13,365 shares of the company’s stock valued at $345,000 after buying an additional 1,007 shares during the last quarter. Commonwealth Equity Services LLC increased its position in shares of First Trust Indxx Global Agriculture ETF by 14.1% during the fourth quarter. Commonwealth Equity Services LLC now owns 29,225 shares of the company’s stock worth $768,000 after acquiring an additional 3,615 shares in the last quarter. Finally, Flow Traders U.S. LLC increased its position in shares of First Trust Indxx Global Agriculture ETF by 28.8% during the third quarter. Flow Traders U.S. LLC now owns 45,012 shares of the company’s stock worth $1,163,000 after acquiring an additional 10,056 shares in the last quarter.

About First Trust Indxx Global Agriculture ETF

First Trust ISE Global Platinum Index Fund (the Fund) seeks investment results that correspond generally to the price and yield of the ISE Global Platinum Index (the Index). The Fund will normally invest at least 90% of its net assets in securities that comprise the Index or in depositary receipts representing foreign securities in the Index. The Index is designed to provide a benchmark for investors interested in tracking public companies that are active in platinum group metals (PGM) mining based on revenue analysis of those companies.