Cherry Creek Investment Advisors Inc. Buys New Position in First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI)

Cherry Creek Investment Advisors Inc. bought a new stake in shares of First Trust Indxx Global Natural Resources Income ETF (NASDAQ:FTRI) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 14,453 shares of the company’s stock, valued at approximately $195,000. Cherry Creek Investment Advisors Inc. owned approximately 0.14% of First Trust Indxx Global Natural Resources Income ETF at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Janney Montgomery Scott LLC increased its holdings in shares of First Trust Indxx Global Natural Resources Income ETF by 4.7% in 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 during the period. CreativeOne Wealth LLC purchased a new stake in shares of First Trust Indxx Global Natural Resources Income ETF in the first quarter worth about $593,000. B. Riley Wealth Advisors Inc. boosted its stake in shares of First Trust Indxx Global Natural Resources Income ETF by 17.9% in the first quarter. B. Riley Wealth Advisors Inc. now owns 70,379 shares of the company’s stock worth $889,000 after buying an additional 10,706 shares during the last quarter. Jane Street Group LLC boosted its stake in shares of First Trust Indxx Global Natural Resources Income ETF by 14.0% in the first quarter. Jane Street Group LLC now owns 393,753 shares of the company’s stock worth $5,227,000 after buying an additional 48,251 shares during the last quarter. Finally, Cetera Investment Advisers boosted its position in First Trust Indxx Global Natural Resources Income ETF by 106.1% during the first quarter. Cetera Investment Advisers now owns 264,087 shares of the company’s stock worth $3,506,000 after purchasing an additional 135,961 shares in the last quarter.

First Trust Indxx Global Natural Resources Income ETF Trading Down 0.7 %

Shares of FTRI stock opened at $13.38 on Thursday. The company has a market capitalization of $136.48 million, a P/E ratio of 6.13 and a beta of 0.94. The business’s 50 day moving average is $13.35 and its two-hundred day moving average is $13.36. First Trust Indxx Global Natural Resources Income ETF has a 12-month low of $11.94 and a 12-month high of $14.12.

First Trust Indxx Global Natural Resources Income ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were given a dividend of $0.1605 per share. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $0.64 dividend on an annualized basis and a yield of 4.80%.

First Trust Indxx Global Natural Resources Income ETF 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.