First Trust Indxx Global Agriculture ETF (NASDAQ:FTAG) Stock Price Down 0.6% – What’s Next?

First Trust Indxx Global Agriculture ETF (NASDAQ:FTAG) fell 0.6% on Thursday . The stock traded as low as $28.28 and last traded at $28.32. Approximately 5,413 shares were traded during mid-day trading, a decline of 29% from the average daily volume of 7,599 shares. The stock had previously closed at $28.49.

First Trust Indxx Global Agriculture ETF Price Performance

The company has a market capitalization of $15.29 million, a PE ratio of 22.24 and a beta of 0.66. The company has a 50-day moving average price of $29.41 and a two-hundred day moving average price of $28.63.

First Trust Indxx Global Agriculture ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th were paid a $0.0332 dividend. The ex-dividend date was Thursday, March 26th. This represents a $0.13 annualized dividend and a yield of 0.5%.

Institutional Investors Weigh In On First Trust Indxx Global Agriculture ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Jane Street Group LLC purchased a new position in First Trust Indxx Global Agriculture ETF during the second quarter valued at approximately $305,000. Flow Traders U.S. LLC raised its position in shares of First Trust Indxx Global Agriculture ETF by 28.8% in the third quarter. Flow Traders U.S. LLC now owns 45,012 shares of the company’s stock worth $1,163,000 after buying an additional 10,056 shares in the last quarter. Commonwealth Equity Services LLC boosted its stake in First Trust Indxx Global Agriculture ETF by 14.1% during the fourth quarter. Commonwealth Equity Services LLC now owns 29,225 shares of the company’s stock valued at $768,000 after buying an additional 3,615 shares during the period. Finally, Virtu Financial LLC boosted its stake in First Trust Indxx Global Agriculture ETF by 8.1% during the third quarter. Virtu Financial LLC now owns 13,365 shares of the company’s stock valued at $345,000 after buying an additional 1,007 shares during the period.

About First Trust Indxx Global Agriculture ETF

First Trust ISE Global Platinum Index Fund (the Fund) seeks investment results that correspond generally to the price and yield of the ISE Global Platinum Index (the Index). The Fund will normally invest at least 90% of its net assets in securities that comprise the Index or in depositary receipts representing foreign securities in the Index. The Index is designed to provide a benchmark for investors interested in tracking public companies that are active in platinum group metals (PGM) mining based on revenue analysis of those companies.