Tudor Financial Inc. Makes New $860,000 Investment in First Trust Nasdaq Oil & Gas ETF $FTXN

Tudor Financial Inc. purchased a new position in First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXNFree Report) in the 2nd quarter, Holdings Channel reports. The firm purchased 25,730 shares of the company’s stock, valued at approximately $860,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Hazlett Burt & Watson Inc. purchased a new stake in shares of First Trust Nasdaq Oil & Gas ETF during the fourth quarter valued at $25,000. Hilton Head Capital Partners LLC purchased a new position in First Trust Nasdaq Oil & Gas ETF in the 4th quarter worth about $27,000. Parallel Advisors LLC purchased a new position in First Trust Nasdaq Oil & Gas ETF in the 4th quarter worth about $35,000. Geneos Wealth Management Inc. lifted its stake in First Trust Nasdaq Oil & Gas ETF by 2,540.0% during the 1st quarter. Geneos Wealth Management Inc. now owns 2,640 shares of the company’s stock valued at $102,000 after acquiring an additional 2,540 shares during the period. Finally, Concurrent Investment Advisors LLC bought a new position in First Trust Nasdaq Oil & Gas ETF during the 4th quarter valued at about $227,000.

First Trust Nasdaq Oil & Gas ETF Stock Down 0.8%

Shares of NASDAQ FTXN opened at $40.91 on Friday. The firm’s 50-day moving average price is $37.20 and its 200-day moving average price is $36.45. The company has a market cap of $177.96 million, a PE ratio of 11.81 and a beta of 0.48. First Trust Nasdaq Oil & Gas ETF has a 52-week low of $26.46 and a 52-week high of $41.42.

First Trust Nasdaq Oil & Gas ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were given a dividend of $0.1168 per share. The ex-dividend date was Thursday, June 25th. This represents a $0.47 dividend on an annualized basis and a yield of 1.1%.

First Trust Nasdaq Oil & Gas ETF Company Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding FTXN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXNFree Report).

Institutional Ownership by Quarter for First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXN)

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