Independent Wealth Network Inc. Sells 3,594 Shares of First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI)

Independent Wealth Network Inc. lessened its holdings in First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI) by 17.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 16,907 shares of the company’s stock after selling 3,594 shares during the period. Independent Wealth Network Inc.’s holdings in First Trust Indxx Global Natural Resources Income ETF were worth $203,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Cherry Creek Investment Advisors Inc. bought a new position in shares of First Trust Indxx Global Natural Resources Income ETF during the third quarter worth approximately $195,000. Focus Financial Network Inc. grew its holdings in First Trust Indxx Global Natural Resources Income ETF by 7.6% in the 3rd quarter. Focus Financial Network Inc. now owns 15,912 shares of the company’s stock valued at $215,000 after buying an additional 1,127 shares in the last quarter. Global Assets Advisory LLC bought a new position in First Trust Indxx Global Natural Resources Income ETF during the 3rd quarter worth $260,000. Koshinski Asset Management Inc. increased its position in First Trust Indxx Global Natural Resources Income ETF by 3.2% during the 4th quarter. Koshinski Asset Management Inc. now owns 29,131 shares of the company’s stock worth $350,000 after buying an additional 914 shares during the period. Finally, Columbia Advisory Partners LLC lifted its holdings in shares of First Trust Indxx Global Natural Resources Income ETF by 6.6% during the fourth quarter. Columbia Advisory Partners LLC now owns 29,642 shares of the company’s stock worth $356,000 after buying an additional 1,836 shares in the last quarter.

First Trust Indxx Global Natural Resources Income ETF Stock Performance

FTRI stock opened at $12.66 on Friday. First Trust Indxx Global Natural Resources Income ETF has a 52 week low of $11.79 and a 52 week high of $14.12. The company has a market capitalization of $105.08 million, a PE ratio of 6.13 and a beta of 0.94. The company’s 50-day simple moving average is $12.58 and its 200 day simple moving average is $13.02.

First Trust Indxx Global Natural Resources Income ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were given a dividend of $0.1047 per share. The ex-dividend date of this dividend was Friday, December 13th. This is a positive change from First Trust Indxx Global Natural Resources Income ETF’s previous dividend of $0.06.

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.