Park National Corp OH Acquires New Holdings in First Trust Growth Strength ETF $FTGS

Park National Corp OH acquired a new stake in shares of First Trust Growth Strength ETF (NASDAQ:FTGS) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 362,028 shares of the company’s stock, valued at approximately $13,728,000.

Several other institutional investors also recently bought and sold shares of the business. Private Client Services LLC purchased a new position in First Trust Growth Strength ETF during the third quarter worth about $368,000. Envestnet Portfolio Solutions Inc. raised its stake in shares of First Trust Growth Strength ETF by 19.0% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 23,194 shares of the company’s stock valued at $858,000 after acquiring an additional 3,705 shares during the period. Envestnet Asset Management Inc. lifted its stake in shares of First Trust Growth Strength ETF by 9.3% during the second quarter. Envestnet Asset Management Inc. now owns 1,085,460 shares of the company’s stock worth $40,164,000 after purchasing an additional 92,206 shares in the last quarter. NewEdge Advisors LLC lifted its position in First Trust Growth Strength ETF by 0.8% during the 2nd quarter. NewEdge Advisors LLC now owns 253,115 shares of the company’s stock worth $9,366,000 after acquiring an additional 1,934 shares in the last quarter. Finally, IFP Advisors Inc grew its holdings in First Trust Growth Strength ETF by 5.3% during the 2nd quarter. IFP Advisors Inc now owns 107,625 shares of the company’s stock valued at $3,982,000 after purchasing an additional 5,409 shares in the last quarter.

First Trust Growth Strength ETF Stock Performance

Shares of NASDAQ:FTGS traded up $0.30 during trading on Monday, hitting $38.44. The company’s stock had a trading volume of 85,820 shares, compared to its average volume of 132,889. The company has a market capitalization of $1.30 billion, a PE ratio of 23.90 and a beta of 1.02. The stock’s 50-day moving average price is $38.75 and its two-hundred day moving average price is $37.20. First Trust Growth Strength ETF has a fifty-two week low of $33.00 and a fifty-two week high of $40.12.

First Trust Growth Strength ETF Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Thursday, September 24th were issued a $0.0088 dividend. This represents a $0.04 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend was Thursday, September 24th.

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