First Trust Growth Strength ETF (NASDAQ:FTGS) Shares Bought by Ergawealth Advisors Inc.

Ergawealth Advisors Inc. grew its position in shares of First Trust Growth Strength ETF (NASDAQ:FTGS) by 1.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 18,120 shares of the company’s stock after purchasing an additional 337 shares during the period. Ergawealth Advisors Inc.’s holdings in First Trust Growth Strength ETF were worth $566,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the company. Impact Partnership Wealth LLC acquired a new stake in shares of First Trust Growth Strength ETF during the 3rd quarter worth about $280,000. DHJJ Financial Advisors Ltd. boosted its stake in shares of First Trust Growth Strength ETF by 23.6% during the 3rd quarter. DHJJ Financial Advisors Ltd. now owns 18,094 shares of the company’s stock worth $565,000 after purchasing an additional 3,453 shares during the last quarter. Private Advisor Group LLC boosted its stake in shares of First Trust Growth Strength ETF by 86.8% during the 3rd quarter. Private Advisor Group LLC now owns 307,061 shares of the company’s stock worth $9,586,000 after purchasing an additional 142,648 shares during the last quarter. ODonnell Financial Services LLC acquired a new stake in shares of First Trust Growth Strength ETF during the 3rd quarter worth about $12,042,000. Finally, Raymond James & Associates boosted its stake in shares of First Trust Growth Strength ETF by 56.3% during the 3rd quarter. Raymond James & Associates now owns 309,493 shares of the company’s stock worth $9,662,000 after purchasing an additional 111,495 shares during the last quarter.

First Trust Growth Strength ETF Price Performance

First Trust Growth Strength ETF stock opened at $31.45 on Friday. First Trust Growth Strength ETF has a 12-month low of $22.69 and a 12-month high of $32.17. The stock has a market capitalization of $767.38 million, a P/E ratio of 20.80 and a beta of 1.11. The firm’s 50-day moving average is $31.08 and its two-hundred day moving average is $30.45.

First Trust Growth Strength ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were given a $0.021 dividend. The ex-dividend date was Thursday, September 26th. This is a boost 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 0.27%.

First Trust Growth Strength ETF Company 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.