First Trust Natural Gas ETF $FCG Stock Holdings Lifted by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. raised its stake in First Trust Natural Gas ETF (NYSEARCA:FCG) by 1,451.5% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 34,706 shares of the company’s stock after buying an additional 32,469 shares during the period. Northwestern Mutual Wealth Management Co. owned approximately 0.17% of First Trust Natural Gas ETF worth $812,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Brown Miller Wealth Management LLC purchased a new position in First Trust Natural Gas ETF during the 4th quarter worth approximately $482,000. Skylands Capital LLC grew its position in First Trust Natural Gas ETF by 53.2% during the 3rd quarter. Skylands Capital LLC now owns 79,500 shares of the company’s stock worth $1,867,000 after purchasing an additional 27,600 shares in the last quarter. Lake Hills Wealth Management LLC purchased a new position in First Trust Natural Gas ETF during the 4th quarter worth approximately $5,597,000. Ethos Financial Group LLC purchased a new position in First Trust Natural Gas ETF during the 4th quarter worth approximately $2,289,000. Finally, D.A. Davidson & CO. grew its position in First Trust Natural Gas ETF by 156.3% during the 4th quarter. D.A. Davidson & CO. now owns 45,042 shares of the company’s stock worth $1,054,000 after purchasing an additional 27,469 shares in the last quarter.

First Trust Natural Gas ETF Stock Performance

NYSEARCA FCG opened at $29.14 on Tuesday. First Trust Natural Gas ETF has a twelve month low of $21.76 and a twelve month high of $33.03. The stock has a market cap of $727.04 million, a price-to-earnings ratio of 10.55 and a beta of 0.45. The firm’s 50 day moving average price is $30.09 and its two-hundred day moving average price is $27.26.

First Trust Natural Gas ETF 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.