First Trust Growth Strength ETF $FTGS Stake Increased by MGO One Seven LLC

MGO One Seven LLC grew its holdings in First Trust Growth Strength ETF (NASDAQ:FTGS) by 15.4% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,634 shares of the company’s stock after purchasing an additional 1,149 shares during the period. MGO One Seven LLC’s holdings in First Trust Growth Strength ETF were worth $295,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of FTGS. LPL Financial LLC lifted its holdings in shares of First Trust Growth Strength ETF by 14.5% in the first quarter. LPL Financial LLC now owns 4,364,579 shares of the company’s stock valued at $129,846,000 after purchasing an additional 551,873 shares in the last quarter. D.A. Davidson & CO. lifted its holdings in shares of First Trust Growth Strength ETF by 881.2% in the first quarter. D.A. Davidson & CO. now owns 307,646 shares of the company’s stock valued at $9,152,000 after purchasing an additional 276,292 shares in the last quarter. Commonwealth Equity Services LLC lifted its holdings in shares of First Trust Growth Strength ETF by 36.3% in the first quarter. Commonwealth Equity Services LLC now owns 966,121 shares of the company’s stock valued at $28,742,000 after purchasing an additional 257,082 shares in the last quarter. Independent Advisor Alliance acquired a new position in shares of First Trust Growth Strength ETF in the first quarter worth $7,069,000. Finally, CWM LLC increased its stake in shares of First Trust Growth Strength ETF by 23.0% in the first quarter. CWM LLC now owns 1,243,950 shares of the company’s stock worth $37,007,000 after acquiring an additional 232,668 shares during the last quarter.

First Trust Growth Strength ETF Trading Up 0.2%

NASDAQ FTGS opened at $35.84 on Monday. First Trust Growth Strength ETF has a 1-year low of $25.74 and a 1-year high of $36.57. The company has a market capitalization of $1.27 billion, a PE ratio of 23.90 and a beta of 1.11. The firm’s fifty day simple moving average is $35.61 and its 200-day simple moving average is $33.53.

First Trust Growth Strength ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Thursday, September 25th were given a dividend of $0.0242 per share. The ex-dividend date of this dividend was Thursday, September 25th. This is a positive change from First Trust Growth Strength ETF’s previous quarterly dividend of $0.00. This represents a $0.10 annualized dividend and a yield of 0.3%.

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.