PCG Wealth Advisors LLC Sells 57,974 Shares of First Trust Natural Gas ETF $FCG

PCG Wealth Advisors LLC cut its holdings in First Trust Natural Gas ETF (NYSEARCA:FCG) by 36.0% during the second quarter, Holdings Channel reports. The institutional investor owned 103,147 shares of the company’s stock after selling 57,974 shares during the quarter. PCG Wealth Advisors LLC’s holdings in First Trust Natural Gas ETF were worth $2,745,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. Bank of New York Mellon Corp bought a new stake in First Trust Natural Gas ETF during the second quarter worth about $3,638,000. Tactive Advisors LLC lifted its holdings in shares of First Trust Natural Gas ETF by 5.7% during the second quarter. Tactive Advisors LLC now owns 29,727 shares of the company’s stock valued at $791,000 after purchasing an additional 1,615 shares during the last quarter. Global Wealth Strategies & Associates lifted its holdings in shares of First Trust Natural Gas ETF by 277.0% during the second quarter. Global Wealth Strategies & Associates now owns 59,227 shares of the company’s stock valued at $1,576,000 after purchasing an additional 43,516 shares during the last quarter. Western Wealth Management LLC bought a new stake in shares of First Trust Natural Gas ETF in the 1st quarter worth approximately $60,000. Finally, JTC Employer Solutions Trustee Ltd bought a new stake in shares of First Trust Natural Gas ETF in the 1st quarter worth approximately $114,000.

First Trust Natural Gas ETF Stock Down 1.0%

First Trust Natural Gas ETF stock opened at $31.43 on Friday. First Trust Natural Gas ETF has a twelve month low of $21.76 and a twelve month high of $33.03. The company has a market capitalization of $689.89 million, a P/E ratio of 10.55 and a beta of 0.47. The stock’s 50 day moving average is $29.00 and its 200 day moving average is $29.23.

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.