Calton & Associates Inc. Buys Shares of 18,406 First Trust Growth Strength ETF $FTGS

Calton & Associates Inc. acquired a new stake in First Trust Growth Strength ETF (NASDAQ:FTGS) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 18,406 shares of the company’s stock, valued at approximately $661,000. Calton & Associates Inc. owned 0.05% of First Trust Growth Strength ETF at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Root Financial Partners LLC bought a new position in First Trust Growth Strength ETF in the 3rd quarter valued at $28,000. Private Trust Co. NA raised its position in shares of First Trust Growth Strength ETF by 49.6% in 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. bought a new stake in First Trust Growth Strength ETF during the third quarter valued at $44,000. Retirement Guys Formula LLC purchased a new position in First Trust Growth Strength ETF during the third quarter worth about $218,000. Finally, Concurrent Investment Advisors LLC purchased a new position in First Trust Growth Strength ETF during the third quarter worth about $228,000.

First Trust Growth Strength ETF Stock Up 1.1%

NASDAQ:FTGS opened at $35.28 on Monday. The stock has a market cap of $1.25 billion, a P/E ratio of 23.90 and a beta of 1.12. The business’s 50-day moving average price is $35.83 and its two-hundred day moving average price is $35.56. First Trust Growth Strength ETF has a twelve month low of $25.74 and a twelve month high of $36.71.

First Trust Growth Strength ETF Cuts Dividend

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

First Trust Growth Strength ETF 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.