First Trust Growth Strength ETF $FTGS Position Boosted by KPP Advisory Services LLC

KPP Advisory Services LLC grew its holdings in First Trust Growth Strength ETF (NASDAQ:FTGS) by 53.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 304,891 shares of the company’s stock after purchasing an additional 106,377 shares during the period. First Trust Growth Strength ETF comprises 1.6% of KPP Advisory Services LLC’s portfolio, making the stock its 14th largest holding. KPP Advisory Services LLC owned about 0.87% of First Trust Growth Strength ETF worth $10,949,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the stock. Comprehensive Financial Consultants Institutional Inc. boosted its stake in shares of First Trust Growth Strength ETF by 65.8% during the 3rd quarter. Comprehensive Financial Consultants Institutional Inc. now owns 77,779 shares of the company’s stock valued at $2,793,000 after buying an additional 30,859 shares during the period. CWM LLC raised its holdings in shares of First Trust Growth Strength ETF by 1.6% during the third quarter. CWM LLC now owns 1,308,488 shares of the company’s stock worth $46,988,000 after acquiring an additional 20,197 shares in the last quarter. Centennial Wealth Advisory LLC boosted its position in First Trust Growth Strength ETF by 52.1% during the third quarter. Centennial Wealth Advisory LLC now owns 109,716 shares of the company’s stock valued at $3,940,000 after purchasing an additional 37,583 shares during the last quarter. Global Retirement Partners LLC purchased a new position in First Trust Growth Strength ETF in the second quarter valued at about $690,000. Finally, Wealth Watch Advisors INC grew its stake in shares of First Trust Growth Strength ETF by 13.2% in the 2nd quarter. Wealth Watch Advisors INC now owns 25,457 shares of the company’s stock valued at $870,000 after buying an additional 2,965 shares in the last quarter.

First Trust Growth Strength ETF Trading Up 0.2%

First Trust Growth Strength ETF stock opened at $36.56 on Tuesday. The company has a market capitalization of $1.30 billion, a P/E ratio of 23.90 and a beta of 1.12. The firm’s fifty day simple moving average is $35.57 and its 200-day simple moving average is $35.47. First Trust Growth Strength ETF has a 1-year low of $25.74 and a 1-year high of $36.71.

First Trust Growth Strength ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Friday, December 12th were given a dividend of $0.0055 per share. The ex-dividend date of this dividend was Friday, December 12th. This represents a $0.02 dividend on an annualized basis and a yield of 0.1%.

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. FTGS was launched on Oct 25, 2022 and is managed by First Trust.