First Trust Growth Strength ETF $FTGS Shares Sold by Atria Investments Inc

Atria Investments Inc trimmed its position in shares of First Trust Growth Strength ETF (NASDAQ:FTGS) by 23.5% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 77,963 shares of the company’s stock after selling 23,941 shares during the period. Atria Investments Inc owned approximately 0.22% of First Trust Growth Strength ETF worth $2,800,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. CWM LLC boosted its position in First Trust Growth Strength ETF by 1.6% in the 3rd quarter. CWM LLC now owns 1,308,488 shares of the company’s stock valued at $46,988,000 after buying an additional 20,197 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of First Trust Growth Strength ETF by 1.7% in the second quarter. Envestnet Asset Management Inc. now owns 1,249,526 shares of the company’s stock worth $42,721,000 after acquiring an additional 20,912 shares in the last quarter. Cetera Investment Advisers boosted its holdings in First Trust Growth Strength ETF by 9.7% in the second quarter. Cetera Investment Advisers now owns 1,238,254 shares of the company’s stock valued at $42,336,000 after purchasing an additional 109,655 shares during the last quarter. Osaic Holdings Inc. grew its stake in First Trust Growth Strength ETF by 9.4% during the 2nd quarter. Osaic Holdings Inc. now owns 665,133 shares of the company’s stock valued at $22,663,000 after purchasing an additional 57,036 shares in the last quarter. Finally, ODonnell Financial Services LLC grew its stake in First Trust Growth Strength ETF by 0.7% during the 2nd quarter. ODonnell Financial Services LLC now owns 489,668 shares of the company’s stock valued at $16,742,000 after purchasing an additional 3,559 shares in the last quarter.

First Trust Growth Strength ETF Stock Up 1.1%

Shares of FTGS opened at $35.28 on Tuesday. The firm has a market cap of $1.25 billion, a price-to-earnings ratio of 23.90 and a beta of 1.12. The business’s 50 day moving average is $35.82 and its two-hundred day moving average is $35.56. First Trust Growth Strength ETF has a 52-week low of $25.74 and a 52-week high of $36.71.

First Trust Growth Strength ETF Cuts Dividend

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

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.