Kestra Private Wealth Services LLC Boosts Holdings in First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXN)

Kestra Private Wealth Services LLC boosted its position in First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXN) by 40.5% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 78,680 shares of the company’s stock after buying an additional 22,676 shares during the period. Kestra Private Wealth Services LLC owned approximately 0.94% of First Trust Nasdaq Oil & Gas ETF worth $2,071,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. IFP Advisors Inc grew its position in First Trust Nasdaq Oil & Gas ETF by 700.0% in the 2nd quarter. IFP Advisors Inc now owns 6,472 shares of the company’s stock valued at $163,000 after buying an additional 5,663 shares during the last quarter. Atria Wealth Solutions Inc. lifted its holdings in First Trust Nasdaq Oil & Gas ETF by 19.2% in the second quarter. Atria Wealth Solutions Inc. now owns 8,947 shares of the company’s stock valued at $236,000 after acquiring an additional 1,439 shares during the period. Bank of New York Mellon Corp lifted its holdings in First Trust Nasdaq Oil & Gas ETF by 24.0% in the second quarter. Bank of New York Mellon Corp now owns 34,381 shares of the company’s stock valued at $905,000 after acquiring an additional 6,657 shares during the period. Truist Financial Corp lifted its holdings in First Trust Nasdaq Oil & Gas ETF by 1.2% in the second quarter. Truist Financial Corp now owns 46,654 shares of the company’s stock valued at $1,228,000 after acquiring an additional 547 shares during the period. Finally, LPL Financial LLC lifted its holdings in First Trust Nasdaq Oil & Gas ETF by 10.7% in the second quarter. LPL Financial LLC now owns 855,105 shares of the company’s stock valued at $22,511,000 after acquiring an additional 82,981 shares during the period.

First Trust Nasdaq Oil & Gas ETF Stock Performance

First Trust Nasdaq Oil & Gas ETF stock opened at $28.20 on Friday. First Trust Nasdaq Oil & Gas ETF has a one year low of $24.37 and a one year high of $31.77. The business has a fifty day moving average of $29.74 and a two-hundred day moving average of $27.98. The company has a market cap of $252.39 million, a P/E ratio of 6.07 and a beta of 1.44.

First Trust Nasdaq Oil & Gas ETF Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 29th. Shareholders of record on Monday, September 25th were issued a $0.1804 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 2.56%. The ex-dividend date of this dividend was Friday, September 22nd.

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.