91,297 Shares in First Trust Growth Strength ETF (NASDAQ:FTGS) Bought by Merit Financial Group LLC

Merit Financial Group LLC bought a new stake in First Trust Growth Strength ETF (NASDAQ:FTGS) during the fourth quarter, according to its most recent filing with the SEC. The firm bought 91,297 shares of the company’s stock, valued at approximately $2,867,000. Merit Financial Group LLC owned about 0.31% of First Trust Growth Strength ETF at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of FTGS. Cetera Investment Advisers grew its position in shares of First Trust Growth Strength ETF by 270.8% in 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 last quarter. Envestnet Asset Management Inc. grew 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 valued at $18,679,000 after buying an additional 334,209 shares during the last quarter. CWM LLC increased its position 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. Prospera Financial Services Inc lifted its holdings in shares of First Trust Growth Strength ETF by 13.3% during the third quarter. Prospera Financial Services Inc now owns 436,275 shares of the company’s stock worth $13,620,000 after buying an additional 51,152 shares during the last quarter. Finally, ODonnell Financial Services LLC bought a new stake in shares of First Trust Growth Strength ETF in the third quarter valued at approximately $12,042,000.

First Trust Growth Strength ETF Trading Up 0.5 %

Shares of FTGS stock opened at $32.54 on Monday. The firm has a market capitalization of $972.95 million, a P/E ratio of 20.80 and a beta of 1.11. First Trust Growth Strength ETF has a 1 year low of $26.82 and a 1 year high of $33.38. The firm’s fifty day simple moving average is $32.32 and its 200 day simple moving average is $31.40.

First Trust Growth Strength ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were given a dividend of $0.0662 per share. The ex-dividend date of this dividend was Friday, December 13th.

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.