Independent Advisor Alliance Purchases 18,823 Shares of First Trust Growth Strength ETF $FTGS

Posted by Paula Ricardo on Feb 1st, 2026

Independent Advisor Alliance raised its position in First Trust Growth Strength ETF (NASDAQ:FTGS – Free Report) by 4.7% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 420,698 shares of the company’s stock after purchasing an additional 18,823 shares during the period. Independent Advisor Alliance owned 1.20% of First Trust Growth Strength ETF worth $15,107,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. Root Financial Partners LLC purchased a new position in shares of First Trust Growth Strength ETF during the 3rd quarter valued at $28,000. Private Trust Co. NA grew its position in First Trust Growth Strength ETF by 49.6% during the third quarter. Private Trust Co. NA now owns 1,183 shares of the company’s stock worth $42,000 after buying an additional 392 shares in the last quarter. Salem Investment Counselors Inc. purchased a new position in First Trust Growth Strength ETF during the third quarter worth about $44,000. Ameritas Advisory Services LLC bought a new position in First Trust Growth Strength ETF in the 2nd quarter worth about $128,000. Finally, Retirement Guys Formula LLC purchased a new stake in shares of First Trust Growth Strength ETF in the 3rd quarter valued at about $218,000.

First Trust Growth Strength ETF Trading Down 1.5%

Shares of FTGS opened at $35.84 on Friday. First Trust Growth Strength ETF has a 12-month low of $25.74 and a 12-month high of $36.71. The company has a market cap of $1.27 billion, a PE ratio of 23.90 and a beta of 1.12. The stock has a 50-day moving average price of $35.75 and a 200-day moving average price of $35.52.

First Trust Growth Strength ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th were given a dividend of $0.0055 per share. The ex-dividend date was Friday, December 12th. This represents a $0.02 annualized dividend and a yield of 0.1%.

First Trust Growth Strength ETF Company Profile

(Free Report)

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.