Corecam Pte. Ltd. trimmed its stake in First Trust Natural Gas ETF (NYSEARCA:FCG – Free Report) by 29.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 164,086 shares of the company’s stock after selling 69,460 shares during the period. First Trust Natural Gas ETF comprises about 1.9% of Corecam Pte. Ltd.’s investment portfolio, making the stock its 19th largest position. Corecam Pte. Ltd.’s holdings in First Trust Natural Gas ETF were worth $4,680,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors and hedge funds also recently made changes to their positions in FCG. Adirondack Trust Co. bought a new stake in shares of First Trust Natural Gas ETF in the 3rd quarter worth about $57,000. Western Wealth Management LLC bought a new position in First Trust Natural Gas ETF during the 1st quarter valued at about $60,000. JTC Employer Solutions Trustee Ltd bought a new position in First Trust Natural Gas ETF during the 1st quarter valued at about $114,000. Kestra Private Wealth Services LLC acquired a new position in shares of First Trust Natural Gas ETF in the 1st quarter worth approximately $201,000. Finally, Integrated Wealth Concepts LLC increased its stake in shares of First Trust Natural Gas ETF by 8.0% in the second quarter. Integrated Wealth Concepts LLC now owns 8,222 shares of the company’s stock valued at $219,000 after buying an additional 612 shares in the last quarter.
First Trust Natural Gas ETF Trading Up 3.4%
Shares of NYSEARCA FCG opened at $32.12 on Friday. The company has a market cap of $701.82 million, a PE ratio of 10.55 and a beta of 0.59. The company has a 50-day moving average of $30.67 and a two-hundred day moving average of $29.49. First Trust Natural Gas ETF has a 1-year low of $21.95 and a 1-year high of $33.03.
About First Trust Natural Gas ETF
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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