JBR Co Financial Management Inc Raises Stock Holdings in First Trust Natural Gas ETF (NYSEARCA:FCG)

JBR Co Financial Management Inc boosted its holdings in shares of First Trust Natural Gas ETF (NYSEARCA:FCG) by 9.2% during the fourth quarter, HoldingsChannel.com reports. The firm owned 16,904 shares of the company’s stock after purchasing an additional 1,425 shares during the period. JBR Co Financial Management Inc’s holdings in First Trust Natural Gas ETF were worth $416,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. First Personal Financial Services purchased a new position in First Trust Natural Gas ETF during the third quarter worth approximately $25,000. Larson Financial Group LLC increased its position in shares of First Trust Natural Gas ETF by 33.4% during the third quarter. Larson Financial Group LLC now owns 2,475 shares of the company’s stock worth $59,000 after purchasing an additional 620 shares in the last quarter. Adirondack Trust Co. purchased a new stake in shares of First Trust Natural Gas ETF during the fourth quarter worth approximately $79,000. Allworth Financial LP purchased a new stake in shares of First Trust Natural Gas ETF during the fourth quarter worth approximately $113,000. Finally, Daiwa Securities Group Inc. increased its position in shares of First Trust Natural Gas ETF by 23.9% during the third quarter. Daiwa Securities Group Inc. now owns 8,300 shares of the company’s stock worth $197,000 after purchasing an additional 1,600 shares in the last quarter.

First Trust Natural Gas ETF Stock Performance

Shares of FCG opened at $25.06 on Friday. First Trust Natural Gas ETF has a one year low of $22.65 and a one year high of $28.72. The stock has a market capitalization of $395.95 million, a price-to-earnings ratio of 5.60 and a beta of 0.65. The stock has a 50 day moving average price of $25.23 and a 200 day moving average price of $24.87.

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.