Proactive Wealth Strategies LLC Grows Stake in First Trust Growth Strength ETF (NASDAQ:FTGS)

Proactive Wealth Strategies LLC raised its holdings in shares of First Trust Growth Strength ETF (NASDAQ:FTGS) by 12.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 61,276 shares of the company’s stock after purchasing an additional 6,962 shares during the period. Proactive Wealth Strategies LLC owned approximately 0.20% of First Trust Growth Strength ETF worth $1,924,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. FMR LLC raised its stake in First Trust Growth Strength ETF by 60.4% during the 3rd quarter. FMR LLC now owns 1,609 shares of the company’s stock worth $50,000 after acquiring an additional 606 shares during the period. NBC Securities Inc. raised its position in shares of First Trust Growth Strength ETF by 43.2% during the 3rd quarter. NBC Securities Inc. now owns 2,454 shares of the company’s stock valued at $76,000 after buying an additional 740 shares in the last quarter. Kestra Investment Management LLC purchased a new position in First Trust Growth Strength ETF in the fourth quarter worth about $83,000. ORG Partners LLC purchased a new stake in First Trust Growth Strength ETF during the fourth quarter valued at approximately $188,000. Finally, J.W. Cole Advisors Inc. purchased a new position in shares of First Trust Growth Strength ETF during the 3rd quarter worth about $207,000.

First Trust Growth Strength ETF Stock Performance

Shares of FTGS stock opened at $32.38 on Tuesday. The stock has a 50 day moving average price of $32.21 and a 200 day moving average price of $31.66. The firm has a market capitalization 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 $28.31 and a 52-week high of $33.38.

First Trust Growth Strength ETF Dividend Announcement

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

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.