49,316 Shares in First Trust Growth Strength ETF $FTGS Bought by Dynamic Advisor Solutions LLC

Dynamic Advisor Solutions LLC bought a new position in First Trust Growth Strength ETF (NASDAQ:FTGS) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 49,316 shares of the company’s stock, valued at approximately $1,743,000. Dynamic Advisor Solutions LLC owned approximately 0.14% of First Trust Growth Strength ETF as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. Root Financial Partners LLC bought a new stake in shares of First Trust Growth Strength ETF during the third quarter worth about $28,000. Allworth Financial LP bought a new position in First Trust Growth Strength ETF in the 3rd quarter valued at approximately $32,000. Private Trust Co. NA raised its holdings in First Trust Growth Strength ETF by 49.6% in the 3rd quarter. Private Trust Co. NA now owns 1,183 shares of the company’s stock valued at $42,000 after buying an additional 392 shares during the last quarter. Salem Investment Counselors Inc. acquired a new stake in First Trust Growth Strength ETF during the 3rd quarter worth approximately $44,000. Finally, Elevation Point Wealth Partners LLC acquired a new stake in First Trust Growth Strength ETF during the 3rd quarter worth approximately $208,000.

First Trust Growth Strength ETF Price Performance

FTGS opened at $34.22 on Wednesday. First Trust Growth Strength ETF has a fifty-two week low of $25.74 and a fifty-two week high of $36.71. The company’s 50 day moving average price is $35.58 and its two-hundred day moving average price is $35.62. The firm has a market capitalization of $1.21 billion, a price-to-earnings ratio of 23.90 and a beta of 1.12.

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.