Centennial Wealth Advisory LLC Invests $401,000 in First Trust Growth Strength ETF (NASDAQ:FTGS)

Centennial Wealth Advisory LLC purchased a new position in First Trust Growth Strength ETF (NASDAQ:FTGS) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 12,841 shares of the company’s stock, valued at approximately $401,000. Centennial Wealth Advisory LLC owned approximately 0.05% of First Trust Growth Strength ETF as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in FTGS. LPL Financial LLC raised its holdings in First Trust Growth Strength ETF by 360.2% in the 2nd quarter. LPL Financial LLC now owns 1,787,857 shares of the company’s stock worth $54,548,000 after acquiring an additional 1,399,347 shares during the last quarter. Cetera Investment Advisers boosted its holdings in 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 worth $20,249,000 after buying an additional 484,672 shares during the period. CWM LLC boosted its holdings in First Trust Growth Strength ETF by 632.4% in the 3rd quarter. CWM LLC now owns 495,469 shares of the company’s stock worth $15,469,000 after buying an additional 427,822 shares during the period. ODonnell Financial Services LLC bought a new position in First Trust Growth Strength ETF in the 3rd quarter worth $12,042,000. Finally, Envestnet Asset Management Inc. boosted its holdings in First Trust Growth Strength ETF by 120.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 612,216 shares of the company’s stock worth $18,679,000 after buying an additional 334,209 shares during the period.

First Trust Growth Strength ETF Price Performance

Shares of FTGS stock traded up $0.83 during trading hours on Wednesday, hitting $32.21. The stock had a trading volume of 1,687 shares, compared to its average volume of 176,429. First Trust Growth Strength ETF has a one year low of $24.04 and a one year high of $32.23. The stock’s 50-day moving average price is $31.13 and its two-hundred day moving average price is $30.54. The stock has a market capitalization of $803.64 million, a price-to-earnings ratio of 20.80 and a beta of 1.11.

First Trust Growth Strength ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were given a dividend of $0.021 per share. This represents a $0.08 annualized dividend and a dividend yield of 0.26%. The ex-dividend date of this dividend was Thursday, September 26th. This is a positive change from First Trust Growth Strength ETF’s previous quarterly dividend of $0.01.

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.