American Institute for Advanced Investment Management LLP Reduces Stock Holdings in First Trust Growth Strength ETF (NASDAQ:FTGS)

American Institute for Advanced Investment Management LLP cut its holdings in First Trust Growth Strength ETF (NASDAQ:FTGS) by 37.0% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 6,790 shares of the company’s stock after selling 3,985 shares during the quarter. American Institute for Advanced Investment Management LLP’s holdings in First Trust Growth Strength ETF were worth $213,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in FTGS. FMR LLC raised its position in First Trust Growth Strength ETF by 60.4% during the third quarter. FMR LLC now owns 1,609 shares of the company’s stock worth $50,000 after acquiring an additional 606 shares during the last quarter. Pinnacle Bancorp Inc. increased its stake in shares of First Trust Growth Strength ETF by 93.0% during the 3rd quarter. Pinnacle Bancorp Inc. now owns 2,086 shares of the company’s stock worth $65,000 after purchasing an additional 1,005 shares in the last quarter. NBC Securities Inc. raised its position in shares of First Trust Growth Strength ETF by 43.2% during the 3rd quarter. NBC Securities Inc. now owns 2,454 shares of the company’s stock worth $76,000 after purchasing an additional 740 shares during the last quarter. Northwestern Mutual Wealth Management Co. purchased a new stake in First Trust Growth Strength ETF in the 2nd quarter valued at approximately $117,000. Finally, ORG Partners LLC purchased a new stake in First Trust Growth Strength ETF in the 4th quarter valued at approximately $188,000.

First Trust Growth Strength ETF Stock Performance

First Trust Growth Strength ETF stock opened at $32.71 on Thursday. First Trust Growth Strength ETF has a fifty-two week low of $27.71 and a fifty-two week high of $33.38. The company has a market capitalization of $1.00 billion, a price-to-earnings ratio of 20.80 and a beta of 1.11. The stock has a fifty day moving average of $32.38 and a two-hundred day moving average of $31.50.

First Trust Growth Strength ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were given a dividend of $0.0662 per share. The ex-dividend date was Friday, December 13th.

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.