Geneos Wealth Management Inc. Takes Position in First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXN)

Geneos Wealth Management Inc. purchased a new position in shares of First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXN) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 1,575 shares of the company’s stock, valued at approximately $45,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. International Assets Investment Management LLC boosted its stake in shares of First Trust Nasdaq Oil & Gas ETF by 7,106.9% in the third quarter. International Assets Investment Management LLC now owns 4,163,701 shares of the company’s stock valued at $127,214,000 after purchasing an additional 4,105,927 shares during the period. Truist Financial Corp boosted its position 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. Tudor Financial Inc. acquired a new stake in shares of First Trust Nasdaq Oil & Gas ETF during the third quarter valued at about $275,000. Adamsbrown Wealth Consultants LLC acquired a new stake in shares of First Trust Nasdaq Oil & Gas ETF during the third quarter valued at about $216,000. Finally, Quantinno Capital Management LP increased its position in shares of First Trust Nasdaq Oil & Gas ETF by 15.4% during the third quarter. Quantinno Capital Management LP now owns 15,046 shares of the company’s stock worth $436,000 after acquiring an additional 2,011 shares during the last quarter.

First Trust Nasdaq Oil & Gas ETF Stock Performance

Shares of FTXN opened at $29.34 on Friday. First Trust Nasdaq Oil & Gas ETF has a one year low of $27.46 and a one year high of $33.72. The stock has a 50-day moving average price of $29.96 and a 200 day moving average price of $30.06. The company has a market capitalization of $158.44 million, a P/E ratio of 6.47 and a beta of 1.44.

First Trust Nasdaq Oil & Gas ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders 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.