Quantum Private Wealth LLC Has $1.12 Million Position in First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXN)

Quantum Private Wealth LLC cut its position in First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXN) by 15.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 38,990 shares of the company’s stock after selling 7,309 shares during the quarter. Quantum Private Wealth LLC’s holdings in First Trust Nasdaq Oil & Gas ETF were worth $1,121,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Y.D. More Investments Ltd raised its stake in First Trust Nasdaq Oil & Gas ETF by 10.7% in the 4th quarter. Y.D. More Investments Ltd now owns 15,500 shares of the company’s stock worth $446,000 after purchasing an additional 1,500 shares in the last quarter. Stratos Wealth Partners LTD. increased its holdings in shares of First Trust Nasdaq Oil & Gas ETF by 30.6% during the fourth quarter. Stratos Wealth Partners LTD. now owns 19,713 shares of the company’s stock worth $567,000 after purchasing an additional 4,619 shares during the period. Adamsbrown Wealth Consultants LLC increased its holdings in shares of First Trust Nasdaq Oil & Gas ETF by 11.6% during the fourth quarter. Adamsbrown Wealth Consultants LLC now owns 8,322 shares of the company’s stock worth $239,000 after purchasing an additional 866 shares during the period. U.S. Capital Wealth Advisors LLC acquired a new stake in shares of First Trust Nasdaq Oil & Gas ETF in the fourth quarter valued at approximately $234,000. Finally, Total Clarity Wealth Management Inc. increased its stake in First Trust Nasdaq Oil & Gas ETF by 49.3% during the 4th quarter. Total Clarity Wealth Management Inc. now owns 43,120 shares of the company’s stock worth $1,240,000 after acquiring an additional 14,235 shares during the period.

First Trust Nasdaq Oil & Gas ETF Stock Performance

Shares of NASDAQ FTXN opened at $29.88 on Friday. First Trust Nasdaq Oil & Gas ETF has a 52 week low of $27.46 and a 52 week high of $33.72. The stock’s fifty day moving average is $29.66 and its 200 day moving average is $29.97. The stock has a market capitalization of $162.85 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 paid a dividend of $0.1768 per share. The ex-dividend date of this dividend was Friday, December 13th.

First Trust Nasdaq Oil & Gas ETF Profile

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.