Kapstone Financial Advisors LLC Sells 603 Shares of First Trust Growth Strength ETF (NASDAQ:FTGS)

Kapstone Financial Advisors LLC reduced its stake in First Trust Growth Strength ETF (NASDAQ:FTGS) by 1.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 46,525 shares of the company’s stock after selling 603 shares during the quarter. First Trust Growth Strength ETF comprises approximately 0.8% of Kapstone Financial Advisors LLC’s holdings, making the stock its 23rd largest position. Kapstone Financial Advisors LLC owned 0.15% of First Trust Growth Strength ETF worth $1,522,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. FMR LLC boosted its holdings in First Trust Growth Strength ETF by 60.4% in the third quarter. FMR LLC now owns 1,609 shares of the company’s stock worth $50,000 after acquiring an additional 606 shares in the last quarter. Barry Investment Advisors LLC raised its position in shares of First Trust Growth Strength ETF by 4.4% in the 4th quarter. Barry Investment Advisors LLC now owns 17,934 shares of the company’s stock worth $563,000 after purchasing an additional 751 shares during the last quarter. San Luis Wealth Advisors LLC boosted its stake in First Trust Growth Strength ETF by 0.5% in the 4th quarter. San Luis Wealth Advisors LLC now owns 154,784 shares of the company’s stock worth $4,860,000 after purchasing an additional 776 shares in the last quarter. Ergawealth Advisors Inc. grew its position in First Trust Growth Strength ETF by 4.3% during the 4th quarter. Ergawealth Advisors Inc. now owns 18,905 shares of the company’s stock valued at $594,000 after purchasing an additional 785 shares during the last quarter. Finally, DHJJ Financial Advisors Ltd. increased its stake in First Trust Growth Strength ETF by 6.0% during the 4th quarter. DHJJ Financial Advisors Ltd. now owns 19,178 shares of the company’s stock valued at $602,000 after purchasing an additional 1,084 shares in the last quarter.

First Trust Growth Strength ETF Stock Performance

Shares of First Trust Growth Strength ETF stock opened at $30.76 on Tuesday. The company has a 50-day simple moving average of $32.07 and a two-hundred day simple moving average of $31.82. First Trust Growth Strength ETF has a 52-week low of $28.31 and a 52-week high of $33.38. The stock has a market capitalization of $1.02 billion, a PE ratio of 19.23 and a beta of 1.18.

First Trust Growth Strength ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were issued a $0.0662 dividend. The ex-dividend date was Friday, December 13th.

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.