Nations Financial Group Inc. IA ADV Has $903,000 Stock Holdings in First Trust Growth Strength ETF (NASDAQ:FTGS)

Nations Financial Group Inc. IA ADV boosted its stake in shares of First Trust Growth Strength ETF (NASDAQ:FTGS) by 27.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 28,914 shares of the company’s stock after purchasing an additional 6,300 shares during the quarter. Nations Financial Group Inc. IA ADV owned about 0.12% of First Trust Growth Strength ETF worth $903,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. LPL Financial LLC lifted its position in First Trust Growth Strength ETF by 360.2% during the second quarter. LPL Financial LLC now owns 1,787,857 shares of the company’s stock worth $54,548,000 after purchasing an additional 1,399,347 shares during the period. Cetera Investment Advisers lifted its holdings in shares of First Trust Growth Strength ETF by 270.8% during the 2nd quarter. Cetera Investment Advisers now owns 663,671 shares of the company’s stock worth $20,249,000 after acquiring an additional 484,672 shares during the period. CWM LLC increased its stake in First Trust Growth Strength ETF by 632.4% in the third quarter. CWM LLC now owns 495,469 shares of the company’s stock valued at $15,469,000 after acquiring an additional 427,822 shares during the last quarter. ODonnell Financial Services LLC acquired a new position in First Trust Growth Strength ETF during the third quarter valued at approximately $12,042,000. Finally, Envestnet Asset Management Inc. lifted its stake in First Trust Growth Strength ETF by 120.2% during the second quarter. Envestnet Asset Management Inc. now owns 612,216 shares of the company’s stock worth $18,679,000 after purchasing an additional 334,209 shares during the last quarter.

First Trust Growth Strength ETF Stock Performance

Shares of FTGS opened at $32.85 on Wednesday. First Trust Growth Strength ETF has a 52-week low of $24.45 and a 52-week high of $32.88. The firm has a market cap of $819.61 million, a price-to-earnings ratio of 20.80 and a beta of 1.11. The business’s fifty day moving average is $31.26 and its 200-day moving average is $30.64.

First Trust Growth Strength ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were paid a dividend of $0.021 per share. This is an increase from First Trust Growth Strength ETF’s previous quarterly dividend of $0.01. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $0.08 annualized dividend and a yield of 0.26%.

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.