SG Americas Securities LLC Makes New $1.61 Million Investment in First Trust Natural Gas ETF $FCG

SG Americas Securities LLC purchased a new position in shares of First Trust Natural Gas ETF (NYSEARCA:FCG) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 50,870 shares of the company’s stock, valued at approximately $1,612,000.

Other large investors have also recently bought and sold shares of the company. Larson Financial Group LLC increased its stake in First Trust Natural Gas ETF by 38.4% in the third quarter. Larson Financial Group LLC now owns 3,745 shares of the company’s stock valued at $88,000 after acquiring an additional 1,040 shares during the last quarter. IFP Advisors Inc increased its stake in shares of First Trust Natural Gas ETF by 254.0% in the fourth quarter. IFP Advisors Inc now owns 5,575 shares of the company’s stock valued at $131,000 after buying an additional 4,000 shares during the period. Sound Income Strategies LLC acquired a new position in First Trust Natural Gas ETF in the 4th quarter valued at approximately $184,000. Stratos Wealth Partners LTD. bought a new position in First Trust Natural Gas ETF during the 4th quarter worth $228,000. Finally, Encompass More Asset Management bought a new position in shares of First Trust Natural Gas ETF during the fourth quarter worth about $229,000.

First Trust Natural Gas ETF Stock Up 1.1%

FCG opened at $26.44 on Friday. The stock has a market cap of $588.29 million, a PE ratio of 10.55 and a beta of 0.45. First Trust Natural Gas ETF has a twelve month low of $21.76 and a twelve month high of $33.03. The company has a fifty day moving average of $28.99 and a 200-day moving average of $27.63.

First Trust Natural Gas ETF Company Profile

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. The Index is constructed by establishing the universe of stocks listed in the United States of companies involved in the natural gas exploration and production industries and then eliminates stocks whose natural gas-proven reserves do not meet certain requirements.