First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI) Shares Down 0.4% – Here’s What Happened

First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI)’s stock price fell 0.4% on Monday . The company traded as low as $16.65 and last traded at $16.68. 32,241 shares traded hands during mid-day trading, a decline of 33% from the average session volume of 48,021 shares. The stock had previously closed at $16.74.

First Trust Indxx Global Natural Resources Income ETF Stock Performance

The business’s 50 day moving average price is $17.61 and its two-hundred day moving average price is $17.14. The company has a market capitalization of $128.44 million, a price-to-earnings ratio of 15.66 and a beta of 0.57.

First Trust Indxx Global Natural Resources Income ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Thursday, March 26th were paid a $0.0666 dividend. This represents a $0.27 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend was Thursday, March 26th.

Institutional Trading of First Trust Indxx Global Natural Resources Income ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in FTRI. Treasure Coast Financial Planning increased its stake in First Trust Indxx Global Natural Resources Income ETF by 3.8% in the 4th quarter. Treasure Coast Financial Planning now owns 27,429 shares of the company’s stock valued at $430,000 after buying an additional 1,004 shares during the period. International Assets Investment Management LLC acquired a new position in First Trust Indxx Global Natural Resources Income ETF in the 4th quarter valued at approximately $25,000. Northwestern Mutual Wealth Management Co. acquired a new position in First Trust Indxx Global Natural Resources Income ETF in the 2nd quarter valued at approximately $25,000. Bank of America Corp DE increased its stake in First Trust Indxx Global Natural Resources Income ETF by 2.5% in the 2nd quarter. Bank of America Corp DE now owns 105,736 shares of the company’s stock valued at $1,505,000 after buying an additional 2,578 shares during the period. Finally, Comerica Bank increased its stake in First Trust Indxx Global Natural Resources Income ETF by 120.0% in the 1st quarter. Comerica Bank now owns 5,500 shares of the company’s stock valued at $73,000 after buying an additional 3,000 shares during the period.

First Trust Indxx Global Natural Resources Income ETF Company Profile

First Trust ISE Global Copper Index Fund is an exchange traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield of an equity index called the ISE Global Copper Index. The ISE Global Copper Index is designed to provide the investors interested in tracking public companies, which are active in the copper mining industry based on analysis of revenue derived from the sale of copper. The issuers of the component securities of the index must be engaged in some aspect of the copper mining industry, such as copper mining, refining or exploration.