First Trust Growth Strength ETF (NASDAQ:FTGS) Shares Purchased by Assetmark Inc.

Assetmark Inc. raised its holdings in First Trust Growth Strength ETF (NASDAQ:FTGS) by 108.7% during the third quarter, Holdings Channel reports. The institutional investor owned 294,856 shares of the company’s stock after buying an additional 153,554 shares during the period. Assetmark Inc.’s holdings in First Trust Growth Strength ETF were worth $9,205,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the business. GPS Wealth Strategies Group LLC purchased a new stake in First Trust Growth Strength ETF during the second quarter worth approximately $40,000. Pinnacle Bancorp Inc. raised its holdings in First Trust Growth Strength ETF by 93.0% during the third 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. lifted 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 buying an additional 740 shares during the last quarter. Northwestern Mutual Wealth Management Co. acquired a new position in shares of First Trust Growth Strength ETF in the 2nd quarter valued at $117,000. Finally, Benjamin Edwards Inc. grew its position in shares of First Trust Growth Strength ETF by 82.5% in the 2nd quarter. Benjamin Edwards Inc. now owns 4,245 shares of the company’s stock valued at $130,000 after buying an additional 1,919 shares during the last quarter.

First Trust Growth Strength ETF Price Performance

Shares of NASDAQ:FTGS opened at $32.75 on Monday. First Trust Growth Strength ETF has a 12 month low of $24.04 and a 12 month high of $32.83. The firm has a market capitalization of $817.11 million, a P/E ratio of 20.80 and a beta of 1.11. The company’s fifty day moving average price is $31.22 and its 200 day moving average price is $30.60.

First Trust Growth Strength ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were issued a $0.021 dividend. This is an increase from First Trust Growth Strength ETF’s previous quarterly dividend of $0.01. This represents a $0.08 annualized dividend and a dividend yield of 0.26%. The ex-dividend date was Thursday, September 26th.

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.