Legacy Wealth Managment LLC ID Buys 2,386 Shares of First Trust Growth Strength ETF $FTGS

Legacy Wealth Managment LLC ID increased its stake in First Trust Growth Strength ETF (NASDAQ:FTGS) by 8.0% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 32,284 shares of the company’s stock after purchasing an additional 2,386 shares during the period. Legacy Wealth Managment LLC ID owned approximately 0.10% of First Trust Growth Strength ETF worth $960,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of FTGS. Pinnacle Family Advisors LLC grew its position in First Trust Growth Strength ETF by 45.3% in the first quarter. Pinnacle Family Advisors LLC now owns 66,129 shares of the company’s stock valued at $1,967,000 after acquiring an additional 20,602 shares during the last quarter. NewEdge Advisors LLC grew its position in First Trust Growth Strength ETF by 21.2% in the first quarter. NewEdge Advisors LLC now owns 192,099 shares of the company’s stock valued at $5,715,000 after acquiring an additional 33,600 shares during the last quarter. Integrated Wealth Concepts LLC grew its position in First Trust Growth Strength ETF by 26.6% in the first quarter. Integrated Wealth Concepts LLC now owns 497,159 shares of the company’s stock valued at $14,790,000 after acquiring an additional 104,556 shares during the last quarter. Royal Bank of Canada grew its position in First Trust Growth Strength ETF by 108.9% in the first quarter. Royal Bank of Canada now owns 404,261 shares of the company’s stock valued at $12,027,000 after acquiring an additional 210,723 shares during the last quarter. Finally, Betterment LLC bought a new position in First Trust Growth Strength ETF in the first quarter valued at about $285,000.

First Trust Growth Strength ETF Stock Up 0.1%

First Trust Growth Strength ETF stock opened at $35.62 on Friday. First Trust Growth Strength ETF has a 12-month low of $25.74 and a 12-month high of $35.86. The business’s 50-day moving average price is $34.83 and its two-hundred day moving average price is $32.31. The stock has a market cap of $1.22 billion, a PE ratio of 23.90 and a beta of 1.11.

First Trust Growth Strength ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Thursday, June 26th were given a $0.0036 dividend. This represents a $0.01 dividend on an annualized basis and a yield of 0.0%. The ex-dividend date was Thursday, June 26th.

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.