Independent Wealth Network Inc. Sells 3,594 Shares of First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI)

Independent Wealth Network Inc. reduced its stake in First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI) by 17.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,907 shares of the company’s stock after selling 3,594 shares during the quarter. Independent Wealth Network Inc. owned 0.20% of First Trust Indxx Global Natural Resources Income ETF worth $203,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Cetera Investment Advisers boosted its stake in shares of First Trust Indxx Global Natural Resources Income ETF by 22.6% during the 2nd quarter. Cetera Investment Advisers now owns 323,848 shares of the company’s stock worth $4,200,000 after buying an additional 59,761 shares during the last quarter. RFG Advisory LLC boosted its position in First Trust Indxx Global Natural Resources Income ETF by 19.7% during the third quarter. RFG Advisory LLC now owns 233,571 shares of the company’s stock valued at $3,150,000 after purchasing an additional 38,373 shares during the last quarter. CreativeOne Wealth LLC bought a new position in First Trust Indxx Global Natural Resources Income ETF in the third quarter valued at approximately $621,000. Sanctuary Advisors LLC acquired a new position in shares of First Trust Indxx Global Natural Resources Income ETF during the 2nd quarter worth approximately $570,000. Finally, Flow Traders U.S. LLC bought a new stake in shares of First Trust Indxx Global Natural Resources Income ETF during the 3rd quarter worth approximately $451,000.

First Trust Indxx Global Natural Resources Income ETF Trading Up 0.4 %

NASDAQ FTRI opened at $12.66 on Friday. The company has a market cap of $105.08 million, a PE ratio of 6.13 and a beta of 0.94. First Trust Indxx Global Natural Resources Income ETF has a 12 month low of $11.79 and a 12 month high of $14.12. The stock has a 50 day moving average of $12.58 and a 200-day moving average of $13.02.

First Trust Indxx Global Natural Resources Income ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were given a $0.1047 dividend. The ex-dividend date was Friday, December 13th. This is an increase from First Trust Indxx Global Natural Resources Income ETF’s previous dividend of $0.06.

First Trust Indxx Global Natural Resources Income ETF 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.