Cwm LLC acquires 1,278 shares of First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXN)

Cwm LLC increased its holdings in First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXN – Free Report) by 2.9% during the second quarter, according to the company’s most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 45,955 shares of the company’s stock after acquiring an additional 1,278 shares during the same period. According to its most recent SEC filing, Cwm LLC owned 0.69% of First Trust Nasdaq Oil & Gas ETF worth $1,418,000.

Other hedge funds and other institutional investors have also added to or reduced their holdings in the company. ICA Group Wealth Management LLC acquired a new position in shares of First Trust Nasdaq Oil & Gas ETF during the fourth quarter valued at approximately $41,000. Principal Securities Inc. acquired a new position in shares of First Trust Nasdaq Oil & Gas ETF during the fourth quarter valued at approximately $95,000. Activest Wealth Management acquired a new position in shares of First Trust Nasdaq Oil & Gas ETF during the first quarter valued at approximately $178,000. B. Riley Wealth Advisors Inc. acquired a new position in shares of First Trust Nasdaq Oil & Gas ETF during the first quarter valued at approximately $203,000. Finally, JW Cole Advisors Inc. acquired a new position in shares of First Trust Nasdaq Oil & Gas ETF during the fourth quarter valued at approximately $208,000.

First Trust Nasdaq Oil & Gas ETF trading up 0.1%

FTXN shares rose $0.02 on Friday, reaching $30.03. The trading volume of the company’s shares was 21,411 shares, compared to its average volume of 57,418. The stock’s 50-day moving average is $30.52 and its 200-day moving average is $30.61. The First Trust Nasdaq Oil & Gas ETF has a 1-year low of $26.60 and a 1-year high of $33.72. The company has a market capitalization of $195.20 million, a price-to-earnings ratio of 6.47, and a beta of 1.44.

First Trust Nasdaq Oil & Gas ETF increases dividend

The company also recently announced a dividend, which was paid on Friday, June 28th. Shareholders of record on Thursday, June 27th were given a dividend of $0.2021. This is an increase from First Trust Nasdaq Oil & Gas ETF’s previous dividend of $0.14. The ex-dividend date of this dividend was Thursday, June 27th.

First Trust Nasdaq Oil & Gas ETF Profile

(Free report)

The First Trust Nasdaq Oil & Gas ETF (FTXN) is an exchange-traded fund 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 based on liquidity and weighted by volatility, value and growth factors. FTXN was launched on September 20, 2016 and is managed by First Trust.

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