Tudor Financial Inc. Has $242,000 Stock Position in First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXN)

Tudor Financial Inc. decreased its position in First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXN) by 11.3% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 8,429 shares of the company’s stock after selling 1,071 shares during the period. Tudor Financial Inc. owned approximately 0.15% of First Trust Nasdaq Oil & Gas ETF worth $242,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in FTXN. Gateway Wealth Partners LLC grew its holdings in shares of First Trust Nasdaq Oil & Gas ETF by 11.8% in the 2nd quarter. Gateway Wealth Partners LLC now owns 14,459 shares of the company’s stock valued at $446,000 after buying an additional 1,531 shares during the period. Truist Financial Corp lifted its position in First Trust Nasdaq Oil & Gas ETF by 176.5% during the 2nd quarter. Truist Financial Corp now owns 101,178 shares of the company’s stock worth $3,122,000 after buying an additional 64,583 shares in the last quarter. Clarus Wealth Advisors lifted its position in First Trust Nasdaq Oil & Gas ETF by 4.9% during the 3rd quarter. Clarus Wealth Advisors now owns 17,268 shares of the company’s stock worth $537,000 after buying an additional 806 shares in the last quarter. Adamsbrown Wealth Consultants LLC bought a new stake in First Trust Nasdaq Oil & Gas ETF during the 3rd quarter worth about $216,000. Finally, International Assets Investment Management LLC lifted its position in First Trust Nasdaq Oil & Gas ETF by 7,106.9% during the 3rd quarter. International Assets Investment Management LLC now owns 4,163,701 shares of the company’s stock worth $127,214,000 after buying an additional 4,105,927 shares in the last quarter.

First Trust Nasdaq Oil & Gas ETF Price Performance

First Trust Nasdaq Oil & Gas ETF stock opened at $31.75 on Tuesday. The firm has a market capitalization of $173.04 million, a PE ratio of 6.47 and a beta of 1.44. The company’s 50-day moving average is $30.17 and its 200-day moving average is $30.06. First Trust Nasdaq Oil & Gas ETF has a fifty-two week low of $26.60 and a fifty-two week high of $33.72.

First Trust Nasdaq Oil & Gas ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were paid a dividend of $0.1768 per share. The ex-dividend date was Friday, December 13th.

About First Trust Nasdaq Oil & Gas ETF

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.