Ameritas Advisory Services LLC Takes Position in First Trust Growth Strength ETF $FTGS

Ameritas Advisory Services LLC purchased a new stake in First Trust Growth Strength ETF (NASDAQ:FTGS) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 3,742 shares of the company’s stock, valued at approximately $128,000.

Several other hedge funds have also modified their holdings of FTGS. Fifth Third Bancorp lifted its holdings in shares of First Trust Growth Strength ETF by 138.8% in the 2nd quarter. Fifth Third Bancorp now owns 2,185 shares of the company’s stock valued at $75,000 after buying an additional 1,270 shares during the period. Rossby Financial LCC acquired a new stake in shares of First Trust Growth Strength ETF in the 1st quarter valued at approximately $78,000. Albion Financial Group UT lifted its holdings in shares of First Trust Growth Strength ETF by 330.2% in the 1st quarter. Albion Financial Group UT now owns 5,735 shares of the company’s stock valued at $171,000 after buying an additional 4,402 shares during the period. tru Independence LLC purchased a new position in First Trust Growth Strength ETF in the 2nd quarter valued at approximately $205,000. Finally, Stratos Wealth Partners LTD. purchased a new position in First Trust Growth Strength ETF in the 1st quarter valued at approximately $234,000.

First Trust Growth Strength ETF Price Performance

NASDAQ FTGS opened at $36.27 on Friday. 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 $1.28 billion, a P/E ratio of 23.90 and a beta of 1.11. The business has a 50 day moving average price of $35.48 and a 200 day moving average price of $33.24.

First Trust Growth Strength ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Thursday, September 25th were paid a $0.0242 dividend. This represents a $0.10 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend was Thursday, September 25th. This is an increase from First Trust Growth Strength ETF’s previous quarterly dividend of $0.00.

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.