D.A. Davidson & CO. acquired a new stake in shares of First Trust Growth Strength ETF (NASDAQ:FTGS – Free Report) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 356,045 shares of the company’s stock, valued at approximately $13,501,000.
Other institutional investors have also added to or reduced their stakes in the company. VestGen Advisors LLC lifted its position in shares of First Trust Growth Strength ETF by 4.8% in the 3rd quarter. VestGen Advisors LLC now owns 287,145 shares of the company’s stock worth $10,889,000 after purchasing an additional 13,054 shares during the period. Oppenheimer & Co. Inc. bought a new position in First Trust Growth Strength ETF in the third quarter worth about $379,000. Park Avenue Securities LLC purchased a new stake in First Trust Growth Strength ETF in the third quarter worth about $2,023,000. Sigma Planning Corp purchased a new stake in First Trust Growth Strength ETF in the third quarter worth about $701,000. Finally, Wedbush Securities Inc. purchased a new stake in First Trust Growth Strength ETF in the third quarter worth about $453,000.
First Trust Growth Strength ETF Stock Performance
First Trust Growth Strength ETF stock opened at $38.34 on Friday. The stock’s 50 day simple moving average is $38.44 and its two-hundred day simple moving average is $37.00. The stock has a market cap of $1.30 billion, a price-to-earnings ratio of 23.90 and a beta of 1.02. First Trust Growth Strength ETF has a fifty-two week low of $33.00 and a fifty-two week high of $40.12.
First Trust Growth Strength ETF Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Thursday, September 24th were paid a $0.0088 dividend. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date was Thursday, September 24th.
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. FTGS was launched on Oct 25, 2022 and is managed by First Trust.
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