Skylands Capital LLC acquired a new stake in First Trust Natural Gas ETF (NYSEARCA:FCG – Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 56,850 shares of the company’s stock, valued at approximately $1,621,000. Skylands Capital LLC owned 0.26% of First Trust Natural Gas ETF at the end of the most recent reporting period.
Other large investors also recently added to or reduced their stakes in the company. Adirondack Trust Co. purchased a new position in shares of First Trust Natural Gas ETF during the third quarter worth approximately $57,000. Western Wealth Management LLC bought a new stake in shares of First Trust Natural Gas ETF during the first quarter valued at approximately $60,000. JTC Employer Solutions Trustee Ltd bought a new stake in shares of First Trust Natural Gas ETF during the first quarter valued at approximately $114,000. 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. Finally, One Plus One Wealth Management LLC purchased a new stake in shares of First Trust Natural Gas ETF in the first quarter valued at approximately $202,000.
First Trust Natural Gas ETF Stock Performance
Shares of NYSEARCA FCG opened at $31.26 on Thursday. First Trust Natural Gas ETF has a 52-week low of $21.87 and a 52-week high of $33.03. The firm has a market capitalization of $679.90 million, a price-to-earnings ratio of 10.55 and a beta of 0.59. The stock has a 50 day moving average price of $30.60 and a 200 day moving average price of $29.47.
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.
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