Wealth Care LLC Takes Position in First Trust Natural Gas ETF $FCG

Wealth Care LLC acquired a new stake in First Trust Natural Gas ETF (NYSEARCA:FCG) in the 1st quarter, Holdings Channel.com reports. The fund acquired 25,743 shares of the company’s stock, valued at approximately $816,000. First Trust Natural Gas ETF accounts for 0.7% of Wealth Care LLC’s holdings, making the stock its 28th biggest holding.

Other large investors have also bought and sold shares of the company. Larson Financial Group LLC raised its holdings in First Trust Natural Gas ETF by 38.4% during the 3rd quarter. Larson Financial Group LLC now owns 3,745 shares of the company’s stock worth $88,000 after buying an additional 1,040 shares during the period. IFP Advisors Inc boosted its holdings in shares of First Trust Natural Gas ETF by 254.0% in the fourth quarter. IFP Advisors Inc now owns 5,575 shares of the company’s stock valued at $131,000 after buying an additional 4,000 shares during the period. Sound Income Strategies LLC bought a new stake in shares of First Trust Natural Gas ETF during the fourth quarter worth $184,000. Kestra Private Wealth Services LLC bought a new stake in shares of First Trust Natural Gas ETF during the first quarter worth $201,000. Finally, One Plus One Wealth Management LLC acquired a new stake in shares of First Trust Natural Gas ETF during the first quarter worth $202,000.

First Trust Natural Gas ETF Stock Up 0.1%

Shares of NYSEARCA:FCG opened at $26.61 on Wednesday. The firm has a market cap of $663.92 million, a price-to-earnings ratio of 10.55 and a beta of 0.45. First Trust Natural Gas ETF has a 12 month low of $21.76 and a 12 month high of $33.03. The company’s fifty day simple moving average is $29.09 and its 200 day simple moving average is $27.61.

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.