Avantax Advisory Services Inc. Boosts Position in First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXN)

Avantax Advisory Services Inc. grew its holdings in shares of First Trust Nasdaq Oil & Gas ETF (NASDAQ:FTXN) by 2.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 15,010 shares of the company’s stock after buying an additional 353 shares during the quarter. Avantax Advisory Services Inc.’s holdings in First Trust Nasdaq Oil & Gas ETF were worth $432,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the business. PNC Financial Services Group Inc. acquired a new position in shares of First Trust Nasdaq Oil & Gas ETF during the 4th quarter valued at $34,000. Geneos Wealth Management Inc. acquired a new position in shares of First Trust Nasdaq Oil & Gas ETF during the fourth quarter worth about $45,000. Global Retirement Partners LLC boosted its position in shares of First Trust Nasdaq Oil & Gas ETF by 108.1% in the fourth quarter. Global Retirement Partners LLC now owns 2,895 shares of the company’s stock worth $83,000 after buying an additional 1,504 shares during the period. U.S. Capital Wealth Advisors LLC purchased a new stake in shares of First Trust Nasdaq Oil & Gas ETF in the fourth quarter worth about $234,000. Finally, Adamsbrown Wealth Consultants LLC grew its stake 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 valued at $239,000 after buying an additional 866 shares in the last quarter.

First Trust Nasdaq Oil & Gas ETF Stock Performance

First Trust Nasdaq Oil & Gas ETF stock opened at $29.86 on Monday. The firm has a market capitalization of $155.27 million, a PE ratio of 12.12 and a beta of 1.24. First Trust Nasdaq Oil & Gas ETF has a one year low of $27.24 and a one year high of $33.72. The stock’s 50 day moving average price is $29.81 and its 200 day moving average price is $29.81.

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.