PCG Wealth Advisors LLC Sells 63,821 Shares of First Trust Indxx Global Natural Resources Income ETF $FTRI

PCG Wealth Advisors LLC decreased its position in shares of First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI) by 81.2% during the 4th quarter, Holdings Channel reports. The institutional investor owned 14,763 shares of the company’s stock after selling 63,821 shares during the quarter. PCG Wealth Advisors LLC’s holdings in First Trust Indxx Global Natural Resources Income ETF were worth $231,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. bought a new position in First Trust Indxx Global Natural Resources Income ETF during the 2nd quarter worth $25,000. International Assets Investment Management LLC bought a new position in shares of First Trust Indxx Global Natural Resources Income ETF in the fourth quarter worth $25,000. Comerica Bank increased its position in shares of First Trust Indxx Global Natural Resources Income ETF by 120.0% in the first quarter. Comerica Bank now owns 5,500 shares of the company’s stock worth $73,000 after purchasing an additional 3,000 shares during the period. CWM LLC increased its position in shares of First Trust Indxx Global Natural Resources Income ETF by 309.8% in the third quarter. CWM LLC now owns 11,156 shares of the company’s stock worth $170,000 after purchasing an additional 8,434 shares during the period. Finally, FSB Premier Wealth Management Inc. bought a new position in shares of First Trust Indxx Global Natural Resources Income ETF in the fourth quarter worth $185,000.

First Trust Indxx Global Natural Resources Income ETF Stock Performance

Shares of NASDAQ FTRI opened at $17.67 on Friday. First Trust Indxx Global Natural Resources Income ETF has a 52 week low of $13.25 and a 52 week high of $19.13. The stock has a market capitalization of $136.06 million, a P/E ratio of 15.66 and a beta of 0.58. The stock’s fifty day moving average is $17.85 and its 200 day moving average is $16.88.

First Trust Indxx Global Natural Resources Income ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were given a $0.0666 dividend. The ex-dividend date was Thursday, March 26th. This represents a $0.27 dividend on an annualized basis and a dividend yield of 1.5%.

First Trust Indxx Global Natural Resources Income ETF Company Profile

First Trust ISE Global Copper Index Fund is an exchange traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield of an equity index called the ISE Global Copper Index. The ISE Global Copper Index is designed to provide the investors interested in tracking public companies, which are active in the copper mining industry based on analysis of revenue derived from the sale of copper. The issuers of the component securities of the index must be engaged in some aspect of the copper mining industry, such as copper mining, refining or exploration.