Marshall Investment Management LLC Invests $1.04 Million in First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXN)

Marshall Investment Management LLC acquired a new position in shares of First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXN) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 35,771 shares of the company’s stock, valued at approximately $1,036,000. Marshall Investment Management LLC owned approximately 0.66% of First Trust Nasdaq Oil & Gas ETF as of its most recent SEC filing.

Several other large investors have also modified their holdings of the stock. MML Investors Services LLC boosted its stake in shares of First Trust Nasdaq Oil & Gas ETF by 3.6% during the 3rd quarter. MML Investors Services LLC now owns 10,760 shares of the company’s stock worth $312,000 after acquiring an additional 378 shares in the last quarter. Centaurus Financial Inc. boosted its position in shares of First Trust Nasdaq Oil & Gas ETF by 6.2% in the third quarter. Centaurus Financial Inc. now owns 8,575 shares of the company’s stock worth $248,000 after buying an additional 504 shares during the period. Adamsbrown Wealth Consultants LLC boosted its position in shares of First Trust Nasdaq Oil & Gas ETF by 11.6% in the fourth quarter. Adamsbrown Wealth Consultants LLC now owns 8,322 shares of the company’s stock worth $239,000 after buying an additional 866 shares during the period. Stifel Financial Corp boosted its position in shares of First Trust Nasdaq Oil & Gas ETF by 2.1% in the third quarter. Stifel Financial Corp now owns 58,725 shares of the company’s stock worth $1,700,000 after buying an additional 1,215 shares during the period. Finally, Y.D. More Investments Ltd boosted its position in shares of First Trust Nasdaq Oil & Gas ETF by 10.7% in the fourth quarter. Y.D. More Investments Ltd now owns 15,500 shares of the company’s stock worth $446,000 after buying an additional 1,500 shares during the period.

First Trust Nasdaq Oil & Gas ETF Stock Down 2.3 %

Shares of First Trust Nasdaq Oil & Gas ETF stock opened at $30.03 on Friday. The stock has a market cap of $163.66 million, a PE ratio of 6.47 and a beta of 1.44. The business has a fifty day simple moving average of $29.70 and a 200-day simple moving average of $29.99. First Trust Nasdaq Oil & Gas ETF has a 12 month low of $27.46 and a 12 month high of $33.72.

First Trust Nasdaq Oil & Gas ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were given a $0.1768 dividend. The ex-dividend date of this dividend was Friday, December 13th.

First Trust Nasdaq Oil & Gas ETF 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.