First Trust Growth Strength ETF (NASDAQ:FTGS) Stake Raised by D.A. Davidson & CO.

D.A. Davidson & CO. lifted its holdings in shares of First Trust Growth Strength ETF (NASDAQ:FTGS) by 75.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 31,354 shares of the company’s stock after buying an additional 13,465 shares during the period. D.A. Davidson & CO. owned approximately 0.10% of First Trust Growth Strength ETF worth $985,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in FTGS. FMR LLC boosted its position in First Trust Growth Strength ETF by 60.4% during the 3rd quarter. FMR LLC now owns 1,609 shares of the company’s stock worth $50,000 after acquiring an additional 606 shares during the period. ORG Partners LLC bought a new stake in shares of First Trust Growth Strength ETF during the fourth quarter valued at about $188,000. J.W. Cole Advisors Inc. bought a new stake in shares of First Trust Growth Strength ETF during the third quarter valued at about $207,000. Private Client Services LLC bought a new position in First Trust Growth Strength ETF in the 4th quarter valued at about $212,000. Finally, Geneos Wealth Management Inc. acquired a new position in First Trust Growth Strength ETF during the 4th quarter valued at about $231,000.

First Trust Growth Strength ETF Trading Down 2.3 %

First Trust Growth Strength ETF stock opened at $31.37 on Monday. First Trust Growth Strength ETF has a 52 week low of $28.31 and a 52 week high of $33.38. The stock has a market cap of $977.18 million, a price-to-earnings ratio of 20.80 and a beta of 1.11. The company’s 50-day moving average price is $32.15 and its two-hundred day moving average price is $31.74.

First Trust Growth Strength ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were issued a dividend of $0.0662 per share. The ex-dividend date of this dividend was Friday, December 13th.

First Trust Growth Strength ETF 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.