25,730 Shares in First Trust Nasdaq Oil & Gas ETF $FTXN Acquired by Tudor Financial Inc.

Tudor Financial Inc. acquired a new stake in shares of First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXN) in the second quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 25,730 shares of the company’s stock, valued at approximately $860,000. Tudor Financial Inc. owned approximately 0.59% of First Trust Nasdaq Oil & Gas ETF as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in FTXN. Hazlett Burt & Watson Inc. purchased a new stake in shares of First Trust Nasdaq Oil & Gas ETF in the fourth quarter worth $25,000. Hilton Head Capital Partners LLC purchased a new position in shares of First Trust Nasdaq Oil & Gas ETF in the 4th quarter worth about $27,000. Parallel Advisors LLC bought a new position in First Trust Nasdaq Oil & Gas ETF in the 4th quarter worth about $35,000. Geneos Wealth Management Inc. boosted its stake in First Trust Nasdaq Oil & Gas ETF by 2,540.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 2,640 shares of the company’s stock worth $102,000 after purchasing an additional 2,540 shares in the last quarter. Finally, Concurrent Investment Advisors LLC purchased a new stake in First Trust Nasdaq Oil & Gas ETF during the 4th quarter valued at about $227,000.

First Trust Nasdaq Oil & Gas ETF Stock Performance

NASDAQ:FTXN opened at $40.91 on Friday. The firm has a market cap of $177.96 million, a P/E ratio of 11.81 and a beta of 0.48. First Trust Nasdaq Oil & Gas ETF has a fifty-two week low of $26.46 and a fifty-two week high of $41.42. The firm has a 50-day simple moving average of $37.20 and a two-hundred day simple moving average of $36.45.

First Trust Nasdaq Oil & Gas ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were issued 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 dividend yield of 1.1%.

First Trust Nasdaq Oil & Gas ETF Company Profile

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.