Security National Bank Raises Stake in First Trust Indxx Global Natural Resources Income ETF $FTRI

Security National Bank lifted its position in shares of First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI) by 10,845.2% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 43,343 shares of the company’s stock after buying an additional 42,947 shares during the quarter. Security National Bank’s holdings in First Trust Indxx Global Natural Resources Income ETF were worth $679,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. International Assets Investment Management LLC purchased a new stake in shares of First Trust Indxx Global Natural Resources Income ETF during the fourth quarter worth about $25,000. Northwestern Mutual Wealth Management Co. purchased a new stake in shares of First Trust Indxx Global Natural Resources Income ETF during the second quarter worth about $25,000. Comerica Bank grew its holdings in shares of First Trust Indxx Global Natural Resources Income ETF by 120.0% during the first quarter. Comerica Bank now owns 5,500 shares of the company’s stock worth $73,000 after buying an additional 3,000 shares in the last quarter. FSB Premier Wealth Management Inc. purchased a new stake in shares of First Trust Indxx Global Natural Resources Income ETF during the fourth quarter worth about $185,000. Finally, Holos Integrated Wealth LLC purchased a new stake in shares of First Trust Indxx Global Natural Resources Income ETF during the fourth quarter worth about $214,000.

First Trust Indxx Global Natural Resources Income ETF Price Performance

Shares of NASDAQ FTRI opened at $17.14 on Friday. The company has a market cap of $131.98 million, a PE ratio of 15.66 and a beta of 0.58. First Trust Indxx Global Natural Resources Income ETF has a 12 month low of $13.31 and a 12 month high of $19.13. The company has a 50-day simple moving average of $17.82 and a 200-day simple moving average of $16.88.

First Trust Indxx Global Natural Resources Income ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were issued a $0.0666 dividend. This represents a $0.27 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date was Thursday, March 26th.

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.