American Institute for Advanced Investment Management LLP Cuts Stake in First Trust Growth Strength ETF (NASDAQ:FTGS)

American Institute for Advanced Investment Management LLP lessened its holdings in First Trust Growth Strength ETF (NASDAQ:FTGS) by 37.0% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 6,790 shares of the company’s stock after selling 3,985 shares during the period. American Institute for Advanced Investment Management LLP’s holdings in First Trust Growth Strength ETF were worth $213,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Cetera Investment Advisers raised its stake in shares of First Trust Growth Strength ETF by 270.8% in the second quarter. Cetera Investment Advisers now owns 663,671 shares of the company’s stock valued at $20,249,000 after acquiring an additional 484,672 shares in the last quarter. CWM LLC raised its position in First Trust Growth Strength ETF by 632.4% in the 3rd quarter. CWM LLC now owns 495,469 shares of the company’s stock valued at $15,469,000 after purchasing an additional 427,822 shares in the last quarter. Prospera Financial Services Inc boosted its stake in shares of First Trust Growth Strength ETF by 13.3% in the 3rd quarter. Prospera Financial Services Inc now owns 436,275 shares of the company’s stock valued at $13,620,000 after buying an additional 51,152 shares during the period. ODonnell Financial Services LLC acquired a new position in shares of First Trust Growth Strength ETF during the third quarter worth about $12,042,000. Finally, Mach 1 Financial Group LLC increased its stake in shares of First Trust Growth Strength ETF by 7.7% during the third quarter. Mach 1 Financial Group LLC now owns 346,531 shares of the company’s stock worth $10,803,000 after buying an additional 24,797 shares during the period.

First Trust Growth Strength ETF Stock Down 0.4 %

Shares of NASDAQ:FTGS opened at $32.71 on Thursday. First Trust Growth Strength ETF has a fifty-two week low of $27.71 and a fifty-two week high of $33.38. The firm’s 50 day moving average price is $32.38 and its 200 day moving average price is $31.50. The stock has a market cap of $1.00 billion, a price-to-earnings ratio of 20.80 and a beta of 1.11.

First Trust Growth Strength ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were given a dividend of $0.0662 per share. The ex-dividend date was Friday, December 13th.

First Trust Growth Strength ETF Company Profile

The First Trust Growth Strength ETF (FTGS) is an exchange-traded fund that is based on the The Growth Strength index. The fund tracks an equal-weighted index of 50 well-capitalized, large-cap companies with strong market positions in the US. The fund uses various fundamental metrics to select growth equities.