Ausdal Financial Partners Inc. Sells 27,188 Shares of First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI)

Ausdal Financial Partners Inc. decreased its holdings in shares of First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI) by 15.2% in the second quarter, HoldingsChannel reports. The fund owned 151,329 shares of the company’s stock after selling 27,188 shares during the quarter. Ausdal Financial Partners Inc.’s holdings in First Trust Indxx Global Natural Resources Income ETF were worth $1,963,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of FTRI. Janney Montgomery Scott LLC lifted its position in First Trust Indxx Global Natural Resources Income ETF by 4.7% during the first quarter. Janney Montgomery Scott LLC now owns 24,367 shares of the company’s stock valued at $323,000 after purchasing an additional 1,093 shares in the last quarter. Nations Financial Group Inc. IA ADV lifted its holdings in First Trust Indxx Global Natural Resources Income ETF by 3.5% during the fourth quarter. Nations Financial Group Inc. IA ADV now owns 45,197 shares of the company’s stock valued at $588,000 after purchasing an additional 1,529 shares in the last quarter. Park National Corp OH boosted its holdings in First Trust Indxx Global Natural Resources Income ETF by 0.8% in the 1st quarter. Park National Corp OH now owns 328,354 shares of the company’s stock worth $4,359,000 after buying an additional 2,458 shares during the period. Global Assets Advisory LLC grew its stake in First Trust Indxx Global Natural Resources Income ETF by 12.5% during the fourth quarter. Global Assets Advisory LLC now owns 40,500 shares of the company’s stock valued at $530,000 after acquiring an additional 4,500 shares in the last quarter. Finally, B. Riley Wealth Advisors Inc. grew its position in shares of First Trust Indxx Global Natural Resources Income ETF by 17.9% during the first quarter. B. Riley Wealth Advisors Inc. now owns 70,379 shares of the company’s stock valued at $889,000 after purchasing an additional 10,706 shares in the last quarter.

First Trust Indxx Global Natural Resources Income ETF Trading Down 1.9 %

Shares of FTRI stock traded down $0.24 on Friday, reaching $12.66. The company’s stock had a trading volume of 23,195 shares, compared to its average volume of 85,290. The stock’s fifty day simple moving average is $13.20 and its 200-day simple moving average is $13.24. First Trust Indxx Global Natural Resources Income ETF has a 1 year low of $11.94 and a 1 year high of $14.12. The company has a market capitalization of $158.26 million, a price-to-earnings ratio of 6.13 and a beta of 0.94.

First Trust Indxx Global Natural Resources Income ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Thursday, June 27th were issued a dividend of $0.1896 per share. This represents a $0.76 annualized dividend and a yield of 5.99%. This is an increase from First Trust Indxx Global Natural Resources Income ETF’s previous quarterly dividend of $0.06. The ex-dividend date of this dividend was Thursday, June 27th.

First Trust Indxx Global Natural Resources Income ETF Company Profile

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.