Corecam AG Invests $2.63 Million in First Trust Natural Gas ETF $FCG

Corecam AG purchased a new stake in First Trust Natural Gas ETF (NYSEARCA:FCG) during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 82,870 shares of the company’s stock, valued at approximately $2,626,000. First Trust Natural Gas ETF accounts for approximately 2.2% of Corecam AG’s portfolio, making the stock its 14th biggest holding. Corecam AG owned 0.34% of First Trust Natural Gas ETF as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Gendell Jeffrey L raised its position in First Trust Natural Gas ETF by 396.8% during the fourth quarter. Gendell Jeffrey L now owns 943,874 shares of the company’s stock worth $22,096,000 after acquiring an additional 753,874 shares during the period. Financial Sense Advisors Inc. lifted its holdings in First Trust Natural Gas ETF by 370.7% during the third quarter. Financial Sense Advisors Inc. now owns 536,663 shares of the company’s stock valued at $12,606,000 after purchasing an additional 422,638 shares in the last quarter. Quadrature Capital Ltd acquired a new stake in shares of First Trust Natural Gas ETF in the third quarter valued at about $5,905,000. BNP Paribas Financial Markets grew its position in shares of First Trust Natural Gas ETF by 403,125.8% in the second quarter. BNP Paribas Financial Markets now owns 250,000 shares of the company’s stock valued at $5,778,000 after purchasing an additional 249,938 shares during the period. Finally, Lake Hills Wealth Management LLC acquired a new stake in shares of First Trust Natural Gas ETF in the fourth quarter valued at about $5,597,000.

First Trust Natural Gas ETF Stock Down 0.4%

FCG stock opened at $26.76 on Friday. First Trust Natural Gas ETF has a 52 week low of $21.76 and a 52 week high of $33.03. The firm has a 50-day simple moving average of $29.24 and a 200-day simple moving average of $27.57. The stock has a market capitalization of $667.66 million, a P/E ratio of 10.55 and a beta of 0.45.

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. 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.