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

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

First Trust Indxx Global Natural Resources Income ETF Stock Down 1.5%

The firm has a market cap of $125.82 million, a price-to-earnings ratio of 15.66 and a beta of 0.57. The company has a 50-day moving average price of $17.59 and a 200 day moving average price of $17.15.

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. Stockholders of record on Thursday, March 26th were given a $0.0666 dividend. This represents a $0.27 annualized dividend and a dividend 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 hedge funds and other institutional investors have recently modified their holdings of FTRI. Royal Bank of Canada boosted its position in First Trust Indxx Global Natural Resources Income ETF by 19.3% during the first quarter. Royal Bank of Canada now owns 810,328 shares of the company’s stock valued at $14,464,000 after purchasing an additional 131,076 shares during the last quarter. Bank of America Corp DE boosted its position in First Trust Indxx Global Natural Resources Income ETF by 86.2% during the third quarter. Bank of America Corp DE now owns 196,911 shares of the company’s stock valued at $2,992,000 after purchasing an additional 91,175 shares during the last quarter. US Bancorp DE boosted its position in First Trust Indxx Global Natural Resources Income ETF by 12,108.5% during the third quarter. US Bancorp DE now owns 65,926 shares of the company’s stock valued at $1,002,000 after purchasing an additional 65,386 shares during the last quarter. Flow Traders U.S. LLC boosted its position in First Trust Indxx Global Natural Resources Income ETF by 65.6% during the third quarter. Flow Traders U.S. LLC now owns 142,937 shares of the company’s stock valued at $2,172,000 after purchasing an additional 56,640 shares during the last quarter. Finally, Security National Bank boosted its position in First Trust Indxx Global Natural Resources Income ETF by 10,845.2% during the fourth quarter. Security National Bank now owns 43,343 shares of the company’s stock valued at $679,000 after purchasing an additional 42,947 shares during the last quarter.

First Trust Indxx Global Natural Resources Income ETF Company Profile

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.