Good Life Advisors LLC Increases Position in First Trust Growth Strength ETF (NASDAQ:FTGS)

Good Life Advisors LLC grew its stake in shares of First Trust Growth Strength ETF (NASDAQ:FTGS) by 26.8% in the 4th quarter, HoldingsChannel.com reports. The fund owned 147,658 shares of the company’s stock after acquiring an additional 31,231 shares during the period. Good Life Advisors LLC’s holdings in First Trust Growth Strength ETF were worth $4,636,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Global Retirement Partners LLC raised its stake in shares of First Trust Growth Strength ETF by 49.3% during the fourth quarter. Global Retirement Partners LLC now owns 18,449 shares of the company’s stock valued at $579,000 after acquiring an additional 6,088 shares in the last quarter. Proactive Wealth Strategies LLC raised its stake in shares of First Trust Growth Strength ETF by 12.8% during the fourth quarter. Proactive Wealth Strategies LLC now owns 61,276 shares of the company’s stock valued at $1,924,000 after acquiring an additional 6,962 shares in the last quarter. Kestra Investment Management LLC bought a new stake in shares of First Trust Growth Strength ETF during the fourth quarter valued at approximately $83,000. Atria Wealth Solutions Inc. raised its stake in shares of First Trust Growth Strength ETF by 3.7% during the fourth quarter. Atria Wealth Solutions Inc. now owns 260,090 shares of the company’s stock valued at $8,167,000 after acquiring an additional 9,184 shares in the last quarter. Finally, D.A. Davidson & CO. raised its stake in shares of First Trust Growth Strength ETF by 75.3% during the fourth quarter. D.A. Davidson & CO. now owns 31,354 shares of the company’s stock valued at $985,000 after acquiring an additional 13,465 shares in the last quarter.

First Trust Growth Strength ETF Stock Performance

First Trust Growth Strength ETF stock opened at $32.54 on Wednesday. The company has a 50 day moving average price of $32.20 and a 200-day moving average price of $31.68. First Trust Growth Strength ETF has a fifty-two week low of $28.31 and a fifty-two week high of $33.38. The company has a market capitalization of $1.01 billion, a PE ratio of 20.80 and a beta of 1.11.

First Trust Growth Strength ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors 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.