LPL Financial LLC lifted its stake in First Trust Growth Strength ETF (NASDAQ:FTGS – Free Report) by 33.0% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,812,706 shares of the company’s stock after buying an additional 945,823 shares during the quarter. LPL Financial LLC owned approximately 12.24% of First Trust Growth Strength ETF worth $119,719,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. FMR LLC boosted its position in First Trust Growth Strength ETF by 60.4% in the 3rd quarter. FMR LLC now owns 1,609 shares of the company’s stock worth $50,000 after purchasing an additional 606 shares in the last quarter. Kestra Investment Management LLC purchased a new stake in First Trust Growth Strength ETF during the fourth quarter worth $83,000. Synergy Investment Management LLC acquired a new stake in First Trust Growth Strength ETF during the fourth quarter valued at $181,000. ORG Partners LLC purchased a new position in First Trust Growth Strength ETF in the fourth quarter valued at $188,000. Finally, Private Client Services LLC acquired a new position in shares of First Trust Growth Strength ETF in the fourth quarter worth about $212,000.
First Trust Growth Strength ETF Stock Up 2.0 %
NASDAQ:FTGS opened at $30.51 on Tuesday. First Trust Growth Strength ETF has a 52 week low of $28.31 and a 52 week high of $33.38. The stock’s 50-day moving average price is $31.54 and its 200-day moving average price is $31.71. The stock has a market capitalization of $950.39 million, a PE ratio of 20.83 and a beta of 1.11.
First Trust Growth Strength ETF 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.
Further Reading
- Five stocks we like better than First Trust Growth Strength ETF
- Best of the list of Dividend Aristocrats: Build wealth with the aristocrat index
- Super Micro Stock: $7.2M Call Options Signal Big Upside Potential
- Breakout Stocks: What They Are and How to Identify Them
- Top 3 Buy-and-Hold Stocks for 2025: Long-Term Winners to Watch
- What Investors Need to Know About Upcoming IPOs
- D-Wave Stock: Is Quantum Blockchain the Next Big Catalyst?
Want to see what other hedge funds are holding FTGS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Growth Strength ETF (NASDAQ:FTGS – Free Report).
Receive News & Ratings for First Trust Growth Strength ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Growth Strength ETF and related companies with MarketBeat.com's FREE daily email newsletter.
