Gateway Wealth Partners LLC Purchases 30,503 Shares of First Trust Growth Strength ETF (NASDAQ:FTGS)

Gateway Wealth Partners LLC grew its position in First Trust Growth Strength ETF (NASDAQ:FTGS) by 80.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 68,275 shares of the company’s stock after purchasing an additional 30,503 shares during the period. Gateway Wealth Partners LLC owned approximately 0.23% of First Trust Growth Strength ETF worth $2,144,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of FTGS. Cetera Investment Advisers lifted its holdings 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 in the last quarter. CWM LLC increased its position in shares of First Trust Growth Strength ETF by 632.4% in the third quarter. CWM LLC now owns 495,469 shares of the company’s stock valued at $15,469,000 after acquiring an additional 427,822 shares during the last quarter. ODonnell Financial Services LLC acquired a new stake in shares of First Trust Growth Strength ETF in the third quarter valued at about $12,042,000. EWG Elevate Inc. acquired a new stake in shares of First Trust Growth Strength ETF in the third quarter valued at about $5,172,000. Finally, Assetmark Inc. increased its position in shares of First Trust Growth Strength ETF by 108.7% in the third quarter. Assetmark Inc. now owns 294,856 shares of the company’s stock valued at $9,205,000 after acquiring an additional 153,554 shares during the last quarter.

First Trust Growth Strength ETF Stock Performance

NASDAQ:FTGS opened at $32.84 on Wednesday. The stock’s 50-day simple moving average is $32.37 and its 200 day simple moving average is $31.49. The company has a market cap of $1.01 billion, a P/E ratio of 20.80 and a beta of 1.11. First Trust Growth Strength ETF has a 52-week low of $27.71 and a 52-week high of $33.38.

First Trust Growth Strength ETF Dividend Announcement

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