Financial Partners Group Inc Has $9.62 Million Position in First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI)

Financial Partners Group Inc boosted its holdings in shares of First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI) by 0.6% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 725,418 shares of the company’s stock after acquiring an additional 4,650 shares during the quarter. First Trust Indxx Global Natural Resources Income ETF makes up approximately 2.1% of Financial Partners Group Inc’s portfolio, making the stock its 17th largest holding. Financial Partners Group Inc owned 3.34% of First Trust Indxx Global Natural Resources Income ETF worth $9,619,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. CWM LLC raised its position in First Trust Indxx Global Natural Resources Income ETF by 12.2% during the first quarter. CWM LLC now owns 8,462 shares of the company’s stock valued at $112,000 after acquiring an additional 923 shares in the last quarter. Ameritas Advisory Services LLC raised its position in First Trust Indxx Global Natural Resources Income ETF by 2.1% during the first quarter. Ameritas Advisory Services LLC now owns 120,966 shares of the company’s stock valued at $1,604,000 after acquiring an additional 2,534 shares in the last quarter. Concourse Financial Group Securities Inc. bought a new position in First Trust Indxx Global Natural Resources Income ETF during the second quarter valued at approximately $35,000. Arkadios Wealth Advisors raised its position in First Trust Indxx Global Natural Resources Income ETF by 1.3% during the first quarter. Arkadios Wealth Advisors now owns 216,266 shares of the company’s stock valued at $2,868,000 after acquiring an additional 2,747 shares in the last quarter. Finally, Sigma Planning Corp raised its position in First Trust Indxx Global Natural Resources Income ETF by 3.2% during the first quarter. Sigma Planning Corp now owns 110,550 shares of the company’s stock valued at $1,466,000 after acquiring an additional 3,384 shares in the last quarter.

First Trust Indxx Global Natural Resources Income ETF Price Performance

FTRI traded up $0.14 during midday trading on Friday, hitting $13.10. 22,547 shares of the company’s stock traded hands, compared to its average volume of 155,854. The company has a market cap of $243.66 million, a PE ratio of 5.65 and a beta of 0.94. The stock’s fifty day simple moving average is $12.90 and its 200-day simple moving average is $12.87. First Trust Indxx Global Natural Resources Income ETF has a one year low of $11.77 and a one year high of $14.92.

First Trust Indxx Global Natural Resources Income ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 30th. Stockholders of record on Wednesday, June 28th were given a $0.2786 dividend. This is a positive change from First Trust Indxx Global Natural Resources Income ETF’s previous quarterly dividend of $0.16. The ex-dividend date of this dividend was Tuesday, June 27th. This represents a $1.11 dividend on an annualized basis and a dividend yield of 8.51%.

About First Trust Indxx Global Natural Resources Income ETF

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.