American Institute for Advanced Investment Management LLP lowered its stake in shares of First Trust Growth Strength ETF (NASDAQ:FTGS – Free Report) by 5.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 10,775 shares of the company’s stock after selling 670 shares during the quarter. American Institute for Advanced Investment Management LLP’s holdings in First Trust Growth Strength ETF were worth $336,000 at the end of the most recent quarter.
Other large investors have also modified their holdings of the company. LPL Financial LLC grew its position in First Trust Growth Strength ETF by 360.2% during the second quarter. LPL Financial LLC now owns 1,787,857 shares of the company’s stock valued at $54,548,000 after acquiring an additional 1,399,347 shares during the period. Cetera Investment Advisers lifted its stake in shares of First Trust Growth Strength ETF by 270.8% in the 2nd quarter. Cetera Investment Advisers now owns 663,671 shares of the company’s stock valued at $20,249,000 after purchasing an additional 484,672 shares in the last quarter. CWM LLC grew its holdings in shares of First Trust Growth Strength ETF by 632.4% during the 3rd quarter. CWM LLC now owns 495,469 shares of the company’s stock worth $15,469,000 after purchasing an additional 427,822 shares during the period. ODonnell Financial Services LLC acquired a new stake in First Trust Growth Strength ETF during the 3rd quarter worth approximately $12,042,000. Finally, Envestnet Asset Management Inc. increased its position in First Trust Growth Strength ETF by 120.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 612,216 shares of the company’s stock worth $18,679,000 after purchasing an additional 334,209 shares in the last quarter.
First Trust Growth Strength ETF Price Performance
FTGS stock traded up $0.02 during midday trading on Thursday, reaching $31.44. 27,981 shares of the company’s stock traded hands, compared to its average volume of 176,518. First Trust Growth Strength ETF has a fifty-two week low of $22.69 and a fifty-two week high of $32.17. The business has a 50-day moving average price of $31.07 and a two-hundred day moving average price of $30.44. The company has a market capitalization of $767.14 million, a P/E ratio of 20.80 and a beta of 1.11.
First Trust Growth Strength ETF Increases Dividend
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.
See Also
- Five stocks we like better than First Trust Growth Strength ETF
- Insider Buying Explained: What Investors Need to Know
- Why Meta’s Pre-Earnings Dip Could Be A Golden Entry Opportunity
- How the NYSE and NASDAQ are Different, Why That Matters to Investors
- Spirit Airlines Stock Nearly Doubled: Are Clear Skies Ahead?
- 3 Stocks to Protect Your Portfolio from the Coronavirus Contagion
- Tesla Stock: Buy the Dips, Sell the Rips
Want to see what other hedge funds are holding FTGS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Growth Strength ETF (NASDAQ:FTGS – Free Report).
Receive News & Ratings for First Trust Growth Strength ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Growth Strength ETF and related companies with MarketBeat.com's FREE daily email newsletter.