Renaissance Technologies LLC Has $3.16 Million Position in First Trust Natural Gas ETF $FCG

Renaissance Technologies LLC grew its stake in shares of First Trust Natural Gas ETF (NYSEARCA:FCG) by 841.5% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 99,800 shares of the company’s stock after acquiring an additional 89,200 shares during the period. Renaissance Technologies LLC’s holdings in First Trust Natural Gas ETF were worth $3,163,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of FCG. Cetera Investment Advisers boosted its position in First Trust Natural Gas ETF by 57.8% during the first quarter. Cetera Investment Advisers now owns 70,540 shares of the company’s stock valued at $2,235,000 after purchasing an additional 25,825 shares during the last quarter. D.A. Davidson & CO. increased its position in First Trust Natural Gas ETF by 38.4% in the 1st quarter. D.A. Davidson & CO. now owns 62,317 shares of the company’s stock worth $1,975,000 after purchasing an additional 17,275 shares during the last quarter. IMC Chicago LLC acquired a new position in First Trust Natural Gas ETF in the 1st quarter worth about $309,000. Fifth Third Bancorp purchased a new stake in shares of First Trust Natural Gas ETF during the 1st quarter worth about $238,000. Finally, Barnett & Company Inc. purchased a new stake in shares of First Trust Natural Gas ETF during the 1st quarter worth about $238,000.

First Trust Natural Gas ETF Price Performance

Shares of First Trust Natural Gas ETF stock opened at $28.37 on Friday. The firm has a market cap of $622.72 million, a price-to-earnings ratio of 10.55 and a beta of 0.46. The stock has a 50-day simple moving average of $27.92 and a 200-day simple moving average of $28.45. First Trust Natural Gas ETF has a 52-week low of $21.76 and a 52-week 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.