HighTower Advisors LLC Has $2.95 Million Stock Holdings in First Trust Natural Gas ETF (NYSEARCA:FCG)

HighTower Advisors LLC lifted its position in First Trust Natural Gas ETF (NYSEARCA:FCG – Get Rating) by 16.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 120,855 shares of the company’s stock after acquiring an additional 17,482 shares during the period. HighTower Advisors LLC’s holdings in First Trust Natural Gas ETF were worth $2,945,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. Raymond James & Associates grew its stake in shares of First Trust Natural Gas ETF by 31.2% in the fourth quarter. Raymond James & Associates now owns 526,723 shares of the company’s stock valued at $12,910,000 after buying an additional 125,209 shares in the last quarter. Prospera Financial Services Inc grew its stake in shares of First Trust Natural Gas ETF by 2.7% in the fourth quarter. Prospera Financial Services Inc now owns 180,621 shares of the company’s stock valued at $4,427,000 after buying an additional 4,826 shares in the last quarter. Cambridge Investment Research Advisors Inc. boosted its position in First Trust Natural Gas ETF by 43.2% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 372,712 shares of the company’s stock worth $9,135,000 after purchasing an additional 112,515 shares during the period. Oppenheimer & Co. Inc. boosted its position in First Trust Natural Gas ETF by 0.7% during the fourth quarter. Oppenheimer & Co. Inc. now owns 95,164 shares of the company’s stock worth $2,332,000 after purchasing an additional 643 shares during the period. Finally, Commonwealth Equity Services LLC boosted its position in First Trust Natural Gas ETF by 32.4% during the fourth quarter. Commonwealth Equity Services LLC now owns 951,538 shares of the company’s stock worth $23,322,000 after purchasing an additional 232,778 shares during the period.

First Trust Natural Gas ETF Price Performance

FCG stock opened at $22.55 on Monday. The company has a fifty day moving average price of $22.43 and a two-hundred day moving average price of $24.14. First Trust Natural Gas ETF has a one year low of $19.59 and a one year high of $31.07. The stock has a market cap of $551.35 million, a price-to-earnings ratio of 7.55 and a beta of 1.96.

First Trust Natural Gas ETF Profile

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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.