Global Retirement Partners LLC Buys 4,556 Shares of First Trust Growth Strength ETF (NASDAQ:FTGS)

Global Retirement Partners LLC increased its stake in First Trust Growth Strength ETF (NASDAQ:FTGS) by 58.4% in the third quarter, Holdings Channel reports. The institutional investor owned 12,361 shares of the company’s stock after acquiring an additional 4,556 shares during the period. Global Retirement Partners LLC’s holdings in First Trust Growth Strength ETF were worth $386,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. LPL Financial LLC lifted its position in First Trust Growth Strength ETF by 360.2% in the second quarter. LPL Financial LLC now owns 1,787,857 shares of the company’s stock worth $54,548,000 after buying an additional 1,399,347 shares during the last quarter. Cetera Investment Advisers boosted its stake in shares of First Trust Growth Strength ETF by 270.8% during the second 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 during the period. Envestnet Asset Management Inc. boosted its stake in shares of First Trust Growth Strength ETF by 120.2% during the second quarter. Envestnet Asset Management Inc. now owns 612,216 shares of the company’s stock valued at $18,679,000 after purchasing an additional 334,209 shares during the period. CWM LLC boosted its stake in shares of First Trust Growth Strength ETF by 632.4% during the third quarter. CWM LLC now owns 495,469 shares of the company’s stock valued at $15,469,000 after purchasing an additional 427,822 shares during the period. Finally, Commonwealth Equity Services LLC boosted its stake in shares of First Trust Growth Strength ETF by 193.4% during the second quarter. Commonwealth Equity Services LLC now owns 425,939 shares of the company’s stock valued at $12,995,000 after purchasing an additional 280,746 shares during the period.

First Trust Growth Strength ETF Trading Down 0.5 %

Shares of FTGS opened at $31.88 on Tuesday. The firm has a market capitalization of $774.68 million, a P/E ratio of 20.80 and a beta of 1.11. First Trust Growth Strength ETF has a 12-month low of $22.69 and a 12-month high of $32.17. The firm has a fifty day moving average price of $31.01 and a 200-day moving average price of $30.43.

First Trust Growth Strength ETF Increases Dividend

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

About First Trust Growth Strength ETF

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.