First Trust Growth Strength ETF $FTGS Shares Sold by Orion Porfolio Solutions LLC

Orion Porfolio Solutions LLC trimmed its position in First Trust Growth Strength ETF (NASDAQ:FTGS) by 31.0% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 55,469 shares of the company’s stock after selling 24,884 shares during the quarter. Orion Porfolio Solutions LLC owned approximately 0.16% of First Trust Growth Strength ETF worth $1,992,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in FTGS. Root Financial Partners LLC acquired a new position in First Trust Growth Strength ETF in the third quarter worth $28,000. Private Trust Co. NA lifted its position in shares of First Trust Growth Strength ETF by 49.6% in the 3rd quarter. Private Trust Co. NA now owns 1,183 shares of the company’s stock worth $42,000 after buying an additional 392 shares during the last quarter. Salem Investment Counselors Inc. acquired a new position in shares of First Trust Growth Strength ETF in the 3rd quarter valued at about $44,000. Lake Street Private Wealth LLC acquired a new position in shares of First Trust Growth Strength ETF in the 3rd quarter valued at about $210,000. Finally, Retirement Guys Formula LLC bought a new stake in shares of First Trust Growth Strength ETF during the 3rd quarter valued at about $218,000.

First Trust Growth Strength ETF Stock Down 0.5%

FTGS opened at $35.31 on Thursday. The company’s 50-day moving average price is $35.84 and its 200 day moving average price is $35.66. First Trust Growth Strength ETF has a fifty-two week low of $25.74 and a fifty-two week high of $36.71. The firm has a market cap of $1.25 billion, a price-to-earnings ratio of 23.90 and a beta of 1.12.

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. FTGS was launched on Oct 25, 2022 and is managed by First Trust.