OneAscent Financial Services LLC Takes $5.30 Million Position in First Trust Growth Strength ETF (NASDAQ:FTGS)

OneAscent Financial Services LLC purchased a new position in First Trust Growth Strength ETF (NASDAQ:FTGS) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 168,755 shares of the company’s stock, valued at approximately $5,299,000. OneAscent Financial Services LLC owned approximately 0.54% of First Trust Growth Strength ETF as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Raymond James Financial Inc. purchased a new stake in First Trust Growth Strength ETF during the 4th quarter worth approximately $30,903,000. LPL Financial LLC raised its stake in First Trust Growth Strength ETF by 33.0% in the 4th quarter. LPL Financial LLC now owns 3,812,706 shares of the company’s stock valued at $119,719,000 after purchasing an additional 945,823 shares during the last quarter. Commonwealth Equity Services LLC lifted its holdings in First Trust Growth Strength ETF by 65.6% in the 4th quarter. Commonwealth Equity Services LLC now owns 709,039 shares of the company’s stock valued at $22,264,000 after purchasing an additional 280,846 shares in the last quarter. Assetmark Inc. lifted its holdings in First Trust Growth Strength ETF by 50.5% in the 4th quarter. Assetmark Inc. now owns 443,822 shares of the company’s stock valued at $13,936,000 after purchasing an additional 148,966 shares in the last quarter. Finally, N.E.W. Advisory Services LLC acquired a new stake in First Trust Growth Strength ETF during the 4th quarter worth $4,621,000.

First Trust Growth Strength ETF Stock Up 0.3 %

Shares of NASDAQ FTGS opened at $29.85 on Wednesday. The stock has a market capitalization of $929.83 million, a price-to-earnings ratio of 20.83 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. The firm has a 50-day simple moving average of $31.26 and a 200-day simple moving average of $31.71.

First Trust Growth Strength ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were paid a $0.0248 dividend. This represents a $0.10 dividend on an annualized basis and a yield of 0.33%. This is a positive change from First Trust Growth Strength ETF’s previous quarterly dividend of $0.02. The ex-dividend date was Thursday, March 27th.

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.