Private Advisor Group LLC Purchases New Shares in First Trust Growth Strength ETF (NASDAQ:FTGS)

Private Advisor Group LLC acquired a new position in First Trust Growth Strength ETF (NASDAQ:FTGSFree Report) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 52,618 shares of the company’s stock, valued at approximately $1,616,000. Private Advisor Group LLC owned approximately 0.55% of First Trust Growth Strength ETF as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in FTGS. Sweet Financial Partners LLC purchased a new stake in shares of First Trust Growth Strength ETF during the first quarter valued at approximately $9,600,000. RiverTree Advisors LLC purchased a new stake in shares of First Trust Growth Strength ETF during the 4th quarter valued at $7,892,000. Cambridge Investment Research Advisors Inc. raised its stake in shares of First Trust Growth Strength ETF by 112.6% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 240,310 shares of the company’s stock worth $7,380,000 after purchasing an additional 127,295 shares during the period. Raymond James Financial Services Advisors Inc. purchased a new position in shares of First Trust Growth Strength ETF in the 1st quarter worth about $3,843,000. Finally, Park National Corp OH grew its position in First Trust Growth Strength ETF by 24.7% during the fourth quarter. Park National Corp OH now owns 291,015 shares of the company’s stock valued at $7,924,000 after buying an additional 57,592 shares during the period.

First Trust Growth Strength ETF Stock Performance

Shares of FTGS stock opened at $30.80 on Wednesday. First Trust Growth Strength ETF has a 52 week low of $22.69 and a 52 week high of $31.29. The firm’s 50-day simple moving average is $30.19 and its two-hundred day simple moving average is $29.35. The firm has a market cap of $497.42 million, a price-to-earnings ratio of 20.80 and a beta of 1.11.

First Trust Growth Strength ETF Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Thursday, June 27th were paid a $0.0135 dividend. The ex-dividend date of this dividend was Thursday, June 27th. This represents a $0.05 annualized dividend and a yield of 0.18%.

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.

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Institutional Ownership by Quarter for First Trust Growth Strength ETF (NASDAQ:FTGS)

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