Morey & Quinn Wealth Partners LLC Takes Position in First Trust Growth Strength ETF (NASDAQ:FTGS)

Morey & Quinn Wealth Partners LLC acquired a new position in First Trust Growth Strength ETF (NASDAQ:FTGS) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 9,060 shares of the company’s stock, valued at approximately $284,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. LPL Financial LLC raised its holdings in shares of First Trust Growth Strength ETF by 33.0% during 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 in the last quarter. Altus Wealth Group LLC bought a new position in First Trust Growth Strength ETF during the fourth quarter valued at about $1,266,000. Harbour Investments Inc. boosted its stake in shares of First Trust Growth Strength ETF by 22.2% during the 4th quarter. Harbour Investments Inc. now owns 75,095 shares of the company’s stock worth $2,358,000 after acquiring an additional 13,656 shares in the last quarter. Envestnet Portfolio Solutions Inc. increased its holdings in shares of First Trust Growth Strength ETF by 41.2% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 113,044 shares of the company’s stock valued at $3,550,000 after acquiring an additional 33,002 shares during the last quarter. Finally, Commonwealth Equity Services LLC lifted its position in First Trust Growth Strength ETF by 65.6% during the 4th quarter. Commonwealth Equity Services LLC now owns 709,039 shares of the company’s stock worth $22,264,000 after acquiring an additional 280,846 shares during the last quarter.

First Trust Growth Strength ETF Stock Up 0.6 %

Shares of FTGS stock opened at $30.70 on Wednesday. The stock has a 50 day moving average of $31.52 and a 200-day moving average of $31.72. First Trust Growth Strength ETF has a 12 month low of $28.31 and a 12 month high of $33.38. The firm has a market cap of $956.31 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.