First Trust Nasdaq Oil & Gas ETF $FTXN Shares Bought by Citadel Advisors LLC

Citadel Advisors LLC increased its position in First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXN) by 405.7% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 63,049 shares of the company’s stock after purchasing an additional 50,582 shares during the quarter. Citadel Advisors LLC owned 1.45% of First Trust Nasdaq Oil & Gas ETF worth $2,108,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Royal Bank of Canada boosted its position in First Trust Nasdaq Oil & Gas ETF by 563.3% in the 1st quarter. Royal Bank of Canada now owns 51,066 shares of the company’s stock valued at $1,546,000 after buying an additional 43,367 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in shares of First Trust Nasdaq Oil & Gas ETF by 23.2% in the first quarter. Goldman Sachs Group Inc. now owns 16,027 shares of the company’s stock worth $485,000 after acquiring an additional 3,021 shares in the last quarter. Quantinno Capital Management LP boosted its holdings in First Trust Nasdaq Oil & Gas ETF by 19.0% in the second quarter. Quantinno Capital Management LP now owns 23,220 shares of the company’s stock valued at $632,000 after purchasing an additional 3,715 shares during the last quarter. Mariner LLC acquired a new stake in First Trust Nasdaq Oil & Gas ETF during the 3rd quarter valued at approximately $340,000. Finally, Bank Julius Baer & Co. Ltd Zurich purchased a new stake in First Trust Nasdaq Oil & Gas ETF during the 4th quarter worth approximately $471,000.

First Trust Nasdaq Oil & Gas ETF Stock Up 1.0%

Shares of FTXN opened at $40.96 on Wednesday. First Trust Nasdaq Oil & Gas ETF has a 52-week low of $26.46 and a 52-week high of $41.42. The firm has a market cap of $178.18 million, a price-to-earnings ratio of 11.81 and a beta of 0.48. The business’s 50 day moving average is $37.63 and its two-hundred day moving average is $36.61.

First Trust Nasdaq Oil & Gas ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were issued a dividend of $0.1168 per share. This represents a $0.47 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend was Thursday, June 25th.

First Trust Nasdaq Oil & Gas ETF Profile

The First Trust Nasdaq Oil & Gas ETF (FTXN) is an exchange-traded fund that is based on the NASDAQ US Smart Oil & Gas index. The fund tracks an index composed of 50 US oil and gas companies. Holdings are selected by liquidity and weighted based on volatility, value and growth factors. FTXN was launched on Sep 20, 2016 and is managed by First Trust.