First Trust Natural Gas ETF $FCG Shares Sold by Skylands Capital LLC

Skylands Capital LLC reduced its holdings in First Trust Natural Gas ETF (NYSEARCA:FCG) by 25.8% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 60,050 shares of the company’s stock after selling 20,850 shares during the period. Skylands Capital LLC’s holdings in First Trust Natural Gas ETF were worth $1,903,000 at the end of the most recent reporting period.

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

First Trust Natural Gas ETF Stock Performance

Shares of First Trust Natural Gas ETF stock opened at $26.74 on Friday. The business’s 50 day moving average price is $29.19 and its 200 day moving average price is $27.56. The company has a market cap of $667.16 million, a price-to-earnings ratio of 10.55 and a beta of 0.45. First Trust Natural Gas ETF has a one year low of $21.76 and a one year high of $33.03.

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.