Harvest Investment Services LLC Purchases New Shares in First Trust Growth Strength ETF (NASDAQ:FTGS)

Harvest Investment Services LLC purchased a new position in shares of First Trust Growth Strength ETF (NASDAQ:FTGS) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 7,618 shares of the company’s stock, valued at approximately $239,000.

Several other hedge funds and other institutional investors have also bought and sold shares of FTGS. FMR LLC raised its position in shares of First Trust Growth Strength ETF by 60.4% in the third quarter. FMR LLC now owns 1,609 shares of the company’s stock valued at $50,000 after buying an additional 606 shares in the last quarter. Wells Fargo & Company MN raised its holdings in First Trust Growth Strength ETF by 465.2% in the 4th quarter. Wells Fargo & Company MN now owns 2,255 shares of the company’s stock valued at $71,000 after acquiring an additional 1,856 shares in the last quarter. Kestra Investment Management LLC bought a new stake in shares of First Trust Growth Strength ETF during the 4th quarter valued at $83,000. Tucker Asset Management LLC grew its holdings in shares of First Trust Growth Strength ETF by 34.1% during the 4th quarter. Tucker Asset Management LLC now owns 4,019 shares of the company’s stock worth $126,000 after purchasing an additional 1,021 shares in the last quarter. Finally, Synergy Investment Management LLC bought a new position in shares of First Trust Growth Strength ETF in the fourth quarter worth $181,000.

First Trust Growth Strength ETF Stock Up 2.9 %

FTGS opened at $28.42 on Wednesday. The stock has a market capitalization of $906.60 million, a price-to-earnings ratio of 18.72 and a beta of 1.11. First Trust Growth Strength ETF has a twelve month low of $25.74 and a twelve month high of $33.38. The company has a 50-day simple moving average of $29.76 and a 200 day simple moving average of $31.36.

First Trust Growth Strength ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were given a dividend of $0.0248 per share. 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. This represents a $0.10 annualized dividend and a dividend yield of 0.35%.

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.