Sigma Planning Corp Buys 109,279 Shares of First Trust Growth Strength ETF (NASDAQ:FTGS)

Sigma Planning Corp lifted its stake in shares of First Trust Growth Strength ETF (NASDAQ:FTGS) by 182.1% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 169,289 shares of the company’s stock after purchasing an additional 109,279 shares during the quarter. Sigma Planning Corp’s holdings in First Trust Growth Strength ETF were worth $5,285,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. GPS Wealth Strategies Group LLC purchased a new position in First Trust Growth Strength ETF during the 2nd quarter valued at about $40,000. Pinnacle Bancorp Inc. lifted its holdings in shares of First Trust Growth Strength ETF by 93.0% in the third quarter. Pinnacle Bancorp Inc. now owns 2,086 shares of the company’s stock worth $65,000 after buying an additional 1,005 shares in the last quarter. NBC Securities Inc. boosted its position in shares of First Trust Growth Strength ETF by 43.2% in the third quarter. NBC Securities Inc. now owns 2,454 shares of the company’s stock valued at $76,000 after acquiring an additional 740 shares during the period. Northwestern Mutual Wealth Management Co. purchased a new position in First Trust Growth Strength ETF during the second quarter valued at approximately $117,000. Finally, Benjamin Edwards Inc. grew its stake in First Trust Growth Strength ETF by 82.5% during the second quarter. Benjamin Edwards Inc. now owns 4,245 shares of the company’s stock valued at $130,000 after acquiring an additional 1,919 shares in the last quarter.

First Trust Growth Strength ETF Price Performance

NASDAQ FTGS opened at $32.75 on Friday. The company’s 50 day simple moving average is $31.22 and its two-hundred day simple moving average is $30.60. First Trust Growth Strength ETF has a 1 year low of $24.04 and a 1 year high of $32.83. The stock has a market capitalization of $817.11 million, a PE ratio of 20.80 and a beta of 1.11.

First Trust Growth Strength ETF Increases Dividend

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

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.