Raymond James & Associates Raises Position in First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI)

Raymond James & Associates grew its position in shares of First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI – Get Rating) by 25.9% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 423,390 shares of the company’s stock after purchasing an additional 86,995 shares during the period. Raymond James & Associates’ holdings in First Trust Indxx Global Natural Resources Income ETF were worth $5,805,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in FTRI. Concourse Financial Group Securities Inc. bought a new position in First Trust Indxx Global Natural Resources Income ETF in the 2nd quarter valued at approximately $35,000. UBS Group AG purchased a new stake in shares of First Trust Indxx Global Natural Resources Income ETF during the fourth quarter valued at $66,000. Private Trust Co. NA boosted its position in shares of First Trust Indxx Global Natural Resources Income ETF by 18.7% during the fourth quarter. Private Trust Co. NA now owns 9,284 shares of the company’s stock valued at $127,000 after buying an additional 1,464 shares during the last quarter. FSB Premier Wealth Management Inc. purchased a new position in First Trust Indxx Global Natural Resources Income ETF in the 4th quarter worth about $176,000. Finally, Cetera Investment Advisers bought a new position in First Trust Indxx Global Natural Resources Income ETF during the 1st quarter valued at about $186,000.

First Trust Indxx Global Natural Resources Income ETF Stock Up 0.1 %

Shares of FTRI stock opened at $12.52 on Monday. The company has a 50 day moving average price of $13.08 and a 200-day moving average price of $13.43. First Trust Indxx Global Natural Resources Income ETF has a 52 week low of $11.78 and a 52 week high of $16.33. The firm has a market capitalization of $272.31 million, a PE ratio of 5.65 and a beta of 0.94.

First Trust Indxx Global Natural Resources Income ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 31st. Shareholders of record on Monday, March 27th were given a $0.157 dividend. This represents a $0.63 dividend on an annualized basis and a yield of 5.02%. The ex-dividend date was Friday, March 24th.

About First Trust Indxx Global Natural Resources Income ETF

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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.