First Trust Nasdaq Oil & Gas ETF $FTXN Shares Newly Purchased by Englebert Financial Advisers LLC

Englebert Financial Advisers LLC bought a new position in shares of First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXN) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 16,317 shares of the company’s stock, valued at approximately $620,000. Englebert Financial Advisers LLC owned approximately 0.06% of First Trust Nasdaq Oil & Gas ETF as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of the business. Envestnet Asset Management Inc. increased its position in shares of First Trust Nasdaq Oil & Gas ETF by 27.5% in the second quarter. Envestnet Asset Management Inc. now owns 75,224 shares of the company’s stock worth $2,515,000 after acquiring an additional 16,211 shares in the last quarter. Citadel Advisors LLC lifted its holdings in shares of First Trust Nasdaq Oil & Gas ETF by 405.7% during the 2nd quarter. Citadel Advisors LLC now owns 63,049 shares of the company’s stock valued at $2,108,000 after acquiring an additional 50,582 shares in the last quarter. Kestra Advisory Services LLC lifted its holdings in shares of First Trust Nasdaq Oil & Gas ETF by 8.7% during the 1st quarter. Kestra Advisory Services LLC now owns 25,369 shares of the company’s stock valued at $979,000 after acquiring an additional 2,030 shares in the last quarter. Tudor Financial Inc. acquired a new position in shares of First Trust Nasdaq Oil & Gas ETF during the 2nd quarter valued at $860,000. Finally, Janney Montgomery Scott LLC boosted its position in First Trust Nasdaq Oil & Gas ETF by 65.5% during the 1st quarter. Janney Montgomery Scott LLC now owns 19,367 shares of the company’s stock worth $748,000 after purchasing an additional 7,668 shares during the period.

First Trust Nasdaq Oil & Gas ETF Trading Up 0.1%

Shares of First Trust Nasdaq Oil & Gas ETF stock opened at $42.31 on Wednesday. The company has a fifty day moving average price of $40.17 and a 200 day moving average price of $37.46. First Trust Nasdaq Oil & Gas ETF has a twelve month low of $26.89 and a twelve month high of $42.73. The stock has a market cap of $1.18 billion, a price-to-earnings ratio of 11.81 and a beta of 0.58.

First Trust Nasdaq Oil & Gas ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Thursday, September 24th were paid a dividend of $0.2445 per share. This is a boost from First Trust Nasdaq Oil & Gas ETF’s previous quarterly dividend of $0.1168. This represents a $0.98 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date was Thursday, September 24th.

First Trust Nasdaq Oil & Gas ETF Company Profile

The First Trust Nasdaq Oil & Gas ETF (FTXN) is an exchange-traded fund that is based on the NASDAQ US Smart Oil & Gas index. The fund tracks an index composed of 50 US oil and gas companies. Holdings are selected by liquidity and weighted based on volatility, value and growth factors. FTXN was launched on Sep 20, 2016 and is managed by First Trust.