Iams Wealth Management LLC Grows Stock Holdings in First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXN)

Iams Wealth Management LLC lifted its position in First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXN) by 15.6% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 24,507 shares of the company’s stock after buying an additional 3,310 shares during the period. Iams Wealth Management LLC owned approximately 0.36% of First Trust Nasdaq Oil & Gas ETF worth $791,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. OneAscent Financial Services LLC grew its stake in First Trust Nasdaq Oil & Gas ETF by 22.0% during the 1st quarter. OneAscent Financial Services LLC now owns 12,784 shares of the company’s stock worth $413,000 after buying an additional 2,309 shares during the last quarter. International Assets Investment Management LLC raised its holdings in shares of First Trust Nasdaq Oil & Gas ETF by 2.7% in the first quarter. International Assets Investment Management LLC now owns 62,350 shares of the company’s stock worth $2,030,000 after buying an additional 1,641 shares during the last quarter. ICA Group Wealth Management LLC acquired a new stake in shares of First Trust Nasdaq Oil & Gas ETF during the fourth quarter worth $41,000. Assetmark Inc. raised its stake in First Trust Nasdaq Oil & Gas ETF by 70.3% in the 4th quarter. Assetmark Inc. now owns 40,889 shares of the company’s stock worth $1,157,000 after acquiring an additional 16,875 shares during the last quarter. Finally, D.A. Davidson & CO. lifted its position in First Trust Nasdaq Oil & Gas ETF by 3.8% during the 4th quarter. D.A. Davidson & CO. now owns 25,903 shares of the company’s stock worth $733,000 after acquiring an additional 952 shares during the period.

First Trust Nasdaq Oil & Gas ETF Trading Up 0.3 %

Shares of FTXN stock traded up $0.09 during mid-day trading on Tuesday, reaching $30.90. The stock had a trading volume of 17,956 shares, compared to its average volume of 59,543. First Trust Nasdaq Oil & Gas ETF has a 1-year low of $25.42 and a 1-year high of $33.72. The firm has a market cap of $213.21 million, a price-to-earnings ratio of 6.47 and a beta of 1.44. The business’s fifty day moving average is $31.07 and its 200-day moving average is $30.15.

First Trust Nasdaq Oil & Gas ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, June 28th. Investors of record on Thursday, June 27th were issued a $0.2021 dividend. The ex-dividend date of this dividend was Thursday, June 27th. This is an increase from First Trust Nasdaq Oil & Gas ETF’s previous dividend of $0.14.

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.