Impact Partnership Wealth LLC Makes New Investment in First Trust Growth Strength ETF (NASDAQ:FTGS)

Impact Partnership Wealth LLC purchased a new position in First Trust Growth Strength ETF (NASDAQ:FTGS) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 8,982 shares of the company’s stock, valued at approximately $280,000.

Several other institutional investors have also modified their holdings of FTGS. Pinnacle Bancorp Inc. acquired a new position in shares of First Trust Growth Strength ETF during the first quarter worth $33,000. OneAscent Financial Services LLC acquired a new position in shares of First Trust Growth Strength ETF during the first quarter worth $497,000. Barry Investment Advisors LLC acquired a new position in shares of First Trust Growth Strength ETF during the first quarter worth $293,000. Commonwealth Equity Services LLC grew its stake in shares of First Trust Growth Strength ETF by 25.0% during the first quarter. Commonwealth Equity Services LLC now owns 145,193 shares of the company’s stock worth $4,459,000 after purchasing an additional 29,057 shares in the last quarter. Finally, Private Advisor Group LLC purchased a new stake in First Trust Growth Strength ETF in the first quarter valued at $1,616,000.

First Trust Growth Strength ETF Price Performance

Shares of FTGS opened at $31.45 on Friday. First Trust Growth Strength ETF has a 1-year low of $22.69 and a 1-year high of $32.17. The stock has a market cap of $767.38 million, a PE ratio of 20.80 and a beta of 1.11. The firm has a fifty day moving average price of $31.08 and a 200 day moving average price of $30.45.

First Trust Growth Strength ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were given a $0.021 dividend. The ex-dividend date of this dividend was Thursday, September 26th. This is a boost 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 yield of 0.27%.

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.