First Trust Growth Strength ETF (NASDAQ:FTGS) Shares Acquired by IFP Advisors Inc

IFP Advisors Inc raised its position in shares of First Trust Growth Strength ETF (NASDAQ:FTGS) by 190.5% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 112,659 shares of the company’s stock after purchasing an additional 73,876 shares during the quarter. IFP Advisors Inc’s holdings in First Trust Growth Strength ETF were worth $3,537,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Prospera Financial Services Inc increased its holdings 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 acquiring an additional 51,152 shares during the last quarter. ODonnell Financial Services LLC boosted its holdings in First Trust Growth Strength ETF by 9.4% in the fourth quarter. ODonnell Financial Services LLC now owns 422,023 shares of the company’s stock worth $13,003,000 after purchasing an additional 36,305 shares during the period. Mach 1 Financial Group LLC boosted its holdings in First Trust Growth Strength ETF by 7.7% in the third quarter. Mach 1 Financial Group LLC now owns 346,531 shares of the company’s stock worth $10,803,000 after purchasing an additional 24,797 shares during the period. Private Advisor Group LLC increased its stake in First Trust Growth Strength ETF by 10.0% during the fourth quarter. Private Advisor Group LLC now owns 337,660 shares of the company’s stock valued at $10,603,000 after purchasing an additional 30,599 shares during the last quarter. Finally, Raymond James & Associates raised its holdings in shares of First Trust Growth Strength ETF by 56.3% during the third quarter. Raymond James & Associates now owns 309,493 shares of the company’s stock worth $9,662,000 after purchasing an additional 111,495 shares during the period.

First Trust Growth Strength ETF Stock Performance

NASDAQ FTGS opened at $31.32 on Tuesday. First Trust Growth Strength ETF has a one year low of $28.31 and a one year high of $33.38. The company has a 50-day simple moving average of $32.15 and a 200-day simple moving average of $31.76. The firm has a market capitalization of $975.62 million, a PE ratio of 20.80 and a beta of 1.11.

First Trust Growth Strength ETF Announces Dividend

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were paid a $0.0662 dividend. The ex-dividend date of this dividend was Friday, December 13th.

About First Trust Growth Strength ETF

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.