Harbour Investments Inc. Cuts Stake in First Trust Natural Gas ETF (NYSEARCA:FCG)

Harbour Investments Inc. reduced its stake in First Trust Natural Gas ETF (NYSEARCA:FCG) by 11.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,746 shares of the company’s stock after selling 956 shares during the period. Harbour Investments Inc.’s holdings in First Trust Natural Gas ETF were worth $184,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the stock. Cetera Advisors LLC grew its stake in shares of First Trust Natural Gas ETF by 6.5% in the first quarter. Cetera Advisors LLC now owns 11,968 shares of the company’s stock worth $328,000 after acquiring an additional 729 shares during the last quarter. First Personal Financial Services bought a new position in shares of First Trust Natural Gas ETF during the third quarter valued at $25,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors lifted its holdings in shares of First Trust Natural Gas ETF by 3.9% during the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 32,761 shares of the company’s stock valued at $778,000 after purchasing an additional 1,230 shares in the last quarter. PCG Wealth Advisors LLC lifted its holdings in shares of First Trust Natural Gas ETF by 1.1% during the third quarter. PCG Wealth Advisors LLC now owns 136,350 shares of the company’s stock valued at $3,238,000 after purchasing an additional 1,542 shares in the last quarter. Finally, Intrepid Financial Planning Group LLC lifted its holdings in shares of First Trust Natural Gas ETF by 14.8% during the second quarter. Intrepid Financial Planning Group LLC now owns 13,264 shares of the company’s stock valued at $349,000 after purchasing an additional 1,706 shares in the last quarter.

First Trust Natural Gas ETF Price Performance

Shares of NYSEARCA:FCG opened at $25.69 on Tuesday. The company has a market cap of $405.90 million, a P/E ratio of 5.60 and a beta of 0.65. First Trust Natural Gas ETF has a 1 year low of $22.42 and a 1 year high of $28.72. The stock’s fifty day moving average price is $24.29 and its 200-day moving average price is $25.50.

First Trust Natural Gas ETF Company 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.