ABLE Financial Group LLC Acquires 21,486 Shares of First Trust Indxx Global Agriculture ETF $FTAG

ABLE Financial Group LLC boosted its holdings in First Trust Indxx Global Agriculture ETF (NASDAQ:FTAG) by 22.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 116,795 shares of the company’s stock after purchasing an additional 21,486 shares during the period. ABLE Financial Group LLC owned about 23.84% of First Trust Indxx Global Agriculture ETF worth $3,370,000 as of its most recent SEC filing.

First Trust Indxx Global Agriculture ETF Price Performance

Shares of First Trust Indxx Global Agriculture ETF stock traded down $0.07 during trading hours on Wednesday, hitting $28.78. 1,184 shares of the company’s stock traded hands, compared to its average volume of 5,597. The stock has a market capitalization of $14.10 million, a price-to-earnings ratio of 22.24 and a beta of 0.70. First Trust Indxx Global Agriculture ETF has a 12-month low of $24.98 and a 12-month high of $32.19. The company has a fifty day simple moving average of $29.86 and a 200-day simple moving average of $29.52.

First Trust Indxx Global Agriculture ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Thursday, September 24th were issued a dividend of $0.0583 per share. This represents a $0.23 dividend on an annualized basis and a yield of 0.8%. This is a drop from First Trust Indxx Global Agriculture ETF’s previous quarterly dividend of $0.1798. The ex-dividend date was Thursday, September 24th.

About First Trust Indxx Global Agriculture ETF

First Trust ISE Global Platinum Index Fund (the Fund) seeks investment results that correspond generally to the price and yield of the ISE Global Platinum Index (the Index). The Fund will normally invest at least 90% of its net assets in securities that comprise the Index or in depositary receipts representing foreign securities in the Index. The Index is designed to provide a benchmark for investors interested in tracking public companies that are active in platinum group metals (PGM) mining based on revenue analysis of those companies.