Stratos Wealth Partners LTD. Has $491,000 Position in First Trust Growth Strength ETF $FTGS

Stratos Wealth Partners LTD. raised its position in First Trust Growth Strength ETF (NASDAQ:FTGS) by 82.8% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 14,367 shares of the company’s stock after acquiring an additional 6,507 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in First Trust Growth Strength ETF were worth $491,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in FTGS. Fifth Third Bancorp lifted its stake in First Trust Growth Strength ETF by 138.8% in the second quarter. Fifth Third Bancorp now owns 2,185 shares of the company’s stock valued at $75,000 after acquiring an additional 1,270 shares during the last quarter. Rossby Financial LCC acquired a new stake in First Trust Growth Strength ETF in the first quarter valued at $78,000. Ameritas Advisory Services LLC acquired a new stake in First Trust Growth Strength ETF in the second quarter valued at $128,000. Albion Financial Group UT lifted its stake in First Trust Growth Strength ETF by 330.2% in the first quarter. Albion Financial Group UT now owns 5,735 shares of the company’s stock valued at $171,000 after acquiring an additional 4,402 shares during the last quarter. Finally, tru Independence LLC acquired a new stake in First Trust Growth Strength ETF in the second quarter valued at $205,000.

First Trust Growth Strength ETF Price Performance

Shares of FTGS stock opened at $36.39 on Friday. The stock has a market cap of $1.29 billion, a P/E ratio of 23.90 and a beta of 1.11. The company has a fifty day moving average price of $35.73 and a two-hundred day moving average price of $33.69. First Trust Growth Strength ETF has a one year low of $25.74 and a one year high of $36.57.

First Trust Growth Strength ETF Increases Dividend

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

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.