WESPAC Advisors LLC Purchases Shares of 17,176 First Trust Natural Gas ETF (NYSEARCA:FCG)

WESPAC Advisors LLC purchased a new stake in shares of First Trust Natural Gas ETF (NYSEARCA:FCG) during the 4th quarter, according to the company in its most recent filing with the SEC. The fund purchased 17,176 shares of the company’s stock, valued at approximately $423,000. WESPAC Advisors LLC owned about 0.11% of First Trust Natural Gas ETF as of its most recent filing with the SEC.

A number of other hedge funds have also recently modified their holdings of the stock. Raymond James & Associates boosted its stake in shares of First Trust Natural Gas ETF by 132.4% in the third quarter. Raymond James & Associates now owns 916,711 shares of the company’s stock worth $21,772,000 after buying an additional 522,241 shares during the last quarter. PCG Wealth Advisors LLC boosted its stake in shares of First Trust Natural Gas ETF by 26.0% in the fourth quarter. PCG Wealth Advisors LLC now owns 171,844 shares of the company’s stock worth $4,233,000 after buying an additional 35,494 shares during the last quarter. Stratos Wealth Advisors LLC raised its holdings in First Trust Natural Gas ETF by 2.2% in the 4th quarter. Stratos Wealth Advisors LLC now owns 129,359 shares of the company’s stock worth $3,186,000 after purchasing an additional 2,846 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its holdings in First Trust Natural Gas ETF by 3.9% in the 3rd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 32,761 shares of the company’s stock worth $778,000 after purchasing an additional 1,230 shares during the period. Finally, HighTower Advisors LLC acquired a new position in First Trust Natural Gas ETF in the 3rd quarter worth about $467,000.

First Trust Natural Gas ETF Trading Down 3.4 %

NYSEARCA FCG opened at $25.06 on Friday. The stock has a market capitalization of $395.95 million, a price-to-earnings ratio of 5.60 and a beta of 0.65. First Trust Natural Gas ETF has a twelve month low of $22.65 and a twelve month high of $28.72. The stock has a 50-day moving average of $25.23 and a 200 day moving average of $24.87.

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.