First Trust Nasdaq Oil & Gas ETF $FTXN Shares Bought by Citadel Advisors LLC

by · The Cerbat Gem

Citadel Advisors LLC grew its position in First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXN – Free Report) by 405.7% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 63,049 shares of the company’s stock after acquiring an additional 50,582 shares during the quarter. Citadel Advisors LLC’s holdings in First Trust Nasdaq Oil & Gas ETF were worth $2,108,000 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. Royal Bank of Canada increased its stake in First Trust Nasdaq Oil & Gas ETF by 563.3% during the first quarter. Royal Bank of Canada now owns 51,066 shares of the company’s stock valued at $1,546,000 after purchasing an additional 43,367 shares during the last quarter. Goldman Sachs Group Inc. grew its position in shares of First Trust Nasdaq Oil & Gas ETF by 23.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 16,027 shares of the company’s stock valued at $485,000 after buying an additional 3,021 shares during the last quarter. Quantinno Capital Management LP raised its stake in First Trust Nasdaq Oil & Gas ETF by 19.0% during the second quarter. Quantinno Capital Management LP now owns 23,220 shares of the company’s stock worth $632,000 after acquiring an additional 3,715 shares during the period. Mariner LLC acquired a new stake in First Trust Nasdaq Oil & Gas ETF during the third quarter worth about $340,000. Finally, Bank Julius Baer & Co. Ltd Zurich bought a new position in First Trust Nasdaq Oil & Gas ETF in the fourth quarter worth about $471,000.

First Trust Nasdaq Oil & Gas ETF Stock Up 1.0%

Shares of FTXN stock opened at $40.96 on Wednesday. The business has a 50 day moving average of $37.63 and a two-hundred day moving average of $36.61. First Trust Nasdaq Oil & Gas ETF has a 52 week low of $26.46 and a 52 week high of $41.42. The company has a market cap of $178.18 million, a P/E ratio of 11.81 and a beta of 0.48.

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 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.

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