Tudor Financial Inc. Has $242,000 Stock Position in First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXN)

Tudor Financial Inc. lowered its stake in First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXN) by 11.3% during the fourth quarter, Holdings Channel reports. The institutional investor owned 8,429 shares of the company’s stock after selling 1,071 shares during the period. Tudor Financial Inc.’s holdings in First Trust Nasdaq Oil & Gas ETF were worth $242,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. International Assets Investment Management LLC grew its stake in First Trust Nasdaq Oil & Gas ETF by 7,106.9% in the 3rd quarter. International Assets Investment Management LLC now owns 4,163,701 shares of the company’s stock valued at $127,214,000 after buying an additional 4,105,927 shares during the last quarter. Truist Financial Corp grew its stake in First Trust Nasdaq Oil & Gas ETF by 176.5% in the 2nd quarter. Truist Financial Corp now owns 101,178 shares of the company’s stock valued at $3,122,000 after buying an additional 64,583 shares during the last quarter. Stifel Financial Corp grew its stake in First Trust Nasdaq Oil & Gas ETF by 2.1% in the 3rd quarter. Stifel Financial Corp now owns 58,725 shares of the company’s stock valued at $1,700,000 after buying an additional 1,215 shares during the last quarter. Clarus Wealth Advisors grew its stake in First Trust Nasdaq Oil & Gas ETF by 4.9% in the 3rd quarter. Clarus Wealth Advisors now owns 17,268 shares of the company’s stock valued at $537,000 after buying an additional 806 shares during the last quarter. Finally, Quantinno Capital Management LP grew its stake in First Trust Nasdaq Oil & Gas ETF by 15.4% in the 3rd quarter. Quantinno Capital Management LP now owns 15,046 shares of the company’s stock valued at $436,000 after buying an additional 2,011 shares during the last quarter.

First Trust Nasdaq Oil & Gas ETF Stock Performance

Shares of FTXN opened at $31.75 on Tuesday. The firm’s 50-day simple moving average is $30.17 and its 200 day simple moving average is $30.06. First Trust Nasdaq Oil & Gas ETF has a 52 week low of $26.60 and a 52 week high of $33.72. The firm has a market cap of $173.04 million, a P/E ratio of 6.47 and a beta of 1.44.

First Trust Nasdaq Oil & Gas ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were given a dividend of $0.1768 per share. The ex-dividend date was Friday, December 13th.

About First Trust Nasdaq Oil & Gas ETF

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