Centennial Wealth Advisory LLC Has $4.41 Million Stake in First Trust Growth Strength ETF $FTGS

Centennial Wealth Advisory LLC increased its holdings in shares of First Trust Growth Strength ETF (NASDAQ:FTGS) by 13.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 124,840 shares of the company’s stock after acquiring an additional 15,124 shares during the quarter. First Trust Growth Strength ETF comprises 1.2% of Centennial Wealth Advisory LLC’s portfolio, making the stock its 16th biggest holding. Centennial Wealth Advisory LLC owned 0.35% of First Trust Growth Strength ETF worth $4,413,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the business. Root Financial Partners LLC bought a new position in First Trust Growth Strength ETF during the third quarter worth $28,000. Allworth Financial LP bought a new position in shares of First Trust Growth Strength ETF in the third quarter valued at about $32,000. 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 valued at $42,000 after purchasing an additional 392 shares during the period. Salem Investment Counselors Inc. acquired a new stake in shares of First Trust Growth Strength ETF during the 3rd quarter worth about $44,000. Finally, Elevation Point Wealth Partners LLC acquired a new stake in shares of First Trust Growth Strength ETF during the 3rd quarter worth about $208,000.

First Trust Growth Strength ETF Stock Performance

Shares of FTGS stock opened at $33.11 on Monday. First Trust Growth Strength ETF has a 52 week low of $25.74 and a 52 week high of $36.71. The company has a market capitalization of $1.17 billion, a price-to-earnings ratio of 23.90 and a beta of 1.12. The company has a 50-day simple moving average of $35.43 and a 200 day simple moving average of $35.58.

About First Trust Growth Strength ETF

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.