Redhawk Wealth Advisors Inc. Invests $364,000 in First Trust Growth Strength ETF (NASDAQ:FTGS)

Redhawk Wealth Advisors Inc. bought a new stake in First Trust Growth Strength ETF (NASDAQ:FTGS) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 11,600 shares of the company’s stock, valued at approximately $364,000.

A number of other large investors have also added to or reduced their stakes in the company. FMR LLC raised its holdings in shares of First Trust Growth Strength ETF by 60.4% during the 3rd quarter. FMR LLC now owns 1,609 shares of the company’s stock valued at $50,000 after buying an additional 606 shares in the last quarter. Pinnacle Bancorp Inc. raised its stake in shares of First Trust Growth Strength ETF by 93.0% during the third quarter. Pinnacle Bancorp Inc. now owns 2,086 shares of the company’s stock worth $65,000 after acquiring an additional 1,005 shares in the last quarter. NBC Securities Inc. raised its stake in shares of First Trust Growth Strength ETF by 43.2% during the third quarter. NBC Securities Inc. now owns 2,454 shares of the company’s stock worth $76,000 after acquiring an additional 740 shares in the last quarter. Northwestern Mutual Wealth Management Co. bought a new stake in shares of First Trust Growth Strength ETF in the 2nd quarter worth approximately $117,000. Finally, Benjamin Edwards Inc. grew its holdings in shares of First Trust Growth Strength ETF by 82.5% during the 2nd quarter. Benjamin Edwards Inc. now owns 4,245 shares of the company’s stock valued at $130,000 after purchasing an additional 1,919 shares during the last quarter.

First Trust Growth Strength ETF Stock Up 0.8 %

First Trust Growth Strength ETF stock opened at $32.37 on Friday. The firm has a fifty day simple moving average of $32.33 and a two-hundred day simple moving average of $31.37. First Trust Growth Strength ETF has a twelve month low of $26.71 and a twelve month high of $33.38. The company has a market capitalization of $950.06 million, a PE ratio of 20.80 and a beta of 1.11.

First Trust Growth Strength ETF Announces Dividend

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