First Trust Growth Strength ETF (NASDAQ:FTGS) Shares Purchased by Nations Financial Group Inc. IA ADV

Nations Financial Group Inc. IA ADV lifted its stake in First Trust Growth Strength ETF (NASDAQ:FTGS) by 90.5% in the 4th quarter, Holdings Channel.com reports. The firm owned 55,079 shares of the company’s stock after purchasing an additional 26,165 shares during the period. Nations Financial Group Inc. IA ADV’s holdings in First Trust Growth Strength ETF were worth $1,729,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in FTGS. NBC Securities Inc. increased its stake in First Trust Growth Strength ETF by 43.2% during the third quarter. NBC Securities Inc. now owns 2,454 shares of the company’s stock worth $76,000 after acquiring an additional 740 shares during the last quarter. Global Retirement Partners LLC increased its stake in First Trust Growth Strength ETF by 58.4% during the third quarter. Global Retirement Partners LLC now owns 12,361 shares of the company’s stock worth $386,000 after acquiring an additional 4,556 shares during the last quarter. Raymond James & Associates increased its stake in First Trust Growth Strength ETF by 56.3% during the third quarter. Raymond James & Associates now owns 309,493 shares of the company’s stock worth $9,662,000 after acquiring an additional 111,495 shares during the last quarter. ODonnell Financial Services LLC acquired a new stake in First Trust Growth Strength ETF during the third quarter worth $12,042,000. Finally, Private Advisor Group LLC increased its stake in First Trust Growth Strength ETF by 86.8% during the third quarter. Private Advisor Group LLC now owns 307,061 shares of the company’s stock worth $9,586,000 after acquiring an additional 142,648 shares during the last quarter.

First Trust Growth Strength ETF Stock Up 0.2 %

FTGS stock opened at $32.38 on Friday. The business has a fifty day moving average of $32.21 and a two-hundred day moving average of $31.65. The stock has a market cap of $1.01 billion, a price-to-earnings ratio of 20.80 and a beta of 1.11. First Trust Growth Strength ETF has a 52-week low of $28.31 and a 52-week high of $33.38.

First Trust Growth Strength ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were paid a $0.0662 dividend. The ex-dividend date of this dividend 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.