First Trust Natural Gas ETF $FCG Shares Sold by Davis Investment Partners LLC

Davis Investment Partners LLC trimmed its holdings in shares of First Trust Natural Gas ETF (NYSEARCA:FCG) by 29.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 63,345 shares of the company’s stock after selling 25,836 shares during the period. Davis Investment Partners LLC owned 0.33% of First Trust Natural Gas ETF worth $1,510,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Farther Finance Advisors LLC purchased a new position in First Trust Natural Gas ETF in the third quarter valued at about $37,000. Larson Financial Group LLC boosted its position in shares of First Trust Natural Gas ETF by 38.4% in the third quarter. Larson Financial Group LLC now owns 3,745 shares of the company’s stock worth $88,000 after buying an additional 1,040 shares during the period. Vontobel Holding Ltd. acquired a new stake in shares of First Trust Natural Gas ETF in the third quarter valued at about $221,000. PACK Private Wealth LLC acquired a new stake in shares of First Trust Natural Gas ETF in the third quarter valued at about $232,000. Finally, Axxcess Wealth Management LLC purchased a new stake in shares of First Trust Natural Gas ETF during the 3rd quarter valued at about $242,000.

First Trust Natural Gas ETF Stock Performance

First Trust Natural Gas ETF stock opened at $30.95 on Friday. The stock’s 50 day moving average price is $26.56 and its 200 day moving average price is $24.52. The firm has a market capitalization of $623.64 million, a PE ratio of 10.55 and a beta of 0.87. First Trust Natural Gas ETF has a one year low of $18.81 and a one year high of $31.36.

About First Trust Natural Gas ETF

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. The Index is constructed by establishing the universe of stocks listed in the United States of companies involved in the natural gas exploration and production industries and then eliminates stocks whose natural gas-proven reserves do not meet certain requirements.