NTV Asset Management LLC Makes New $1.07 Million Investment in First Trust Natural Gas ETF $FCG

NTV Asset Management LLC purchased a new stake in shares of First Trust Natural Gas ETF (NYSEARCA:FCG) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 37,685 shares of the company’s stock, valued at approximately $1,075,000. NTV Asset Management LLC owned 0.17% of First Trust Natural Gas ETF at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in FCG. Guardian Partners Inc. raised its holdings in shares of First Trust Natural Gas ETF by 451.8% in the 1st quarter. Guardian Partners Inc. now owns 511,001 shares of the company’s stock worth $16,240,000 after purchasing an additional 418,401 shares during the period. Royal Bank of Canada grew its holdings in shares of First Trust Natural Gas ETF by 124.1% during the 1st quarter. Royal Bank of Canada now owns 462,206 shares of the company’s stock worth $14,646,000 after purchasing an additional 255,916 shares during the period. Renaissance Technologies LLC grew its holdings in shares of First Trust Natural Gas ETF by 841.5% during the 1st quarter. Renaissance Technologies LLC now owns 99,800 shares of the company’s stock worth $3,163,000 after purchasing an additional 89,200 shares during the period. Skylands Capital LLC purchased a new stake in shares of First Trust Natural Gas ETF during the 3rd quarter worth about $1,621,000. Finally, Vontobel Holding Ltd. acquired a new stake in First Trust Natural Gas ETF during the 3rd quarter worth approximately $1,612,000.

First Trust Natural Gas ETF Stock Performance

FCG opened at $32.12 on Monday. The firm has a 50 day moving average price of $30.67 and a 200 day moving average price of $29.48. The company has a market cap of $701.82 million, a PE ratio of 10.55 and a beta of 0.59. First Trust Natural Gas ETF has a 1 year low of $21.95 and a 1 year high of $33.03.

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.