Nations Financial Group Inc. IA ADV Increases Position in First Trust Growth Strength ETF (NASDAQ:FTGS)

Nations Financial Group Inc. IA ADV increased its stake in shares of First Trust Growth Strength ETF (NASDAQ:FTGS) by 9.4% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 60,239 shares of the company’s stock after buying an additional 5,160 shares during the quarter. Nations Financial Group Inc. IA ADV’s holdings in First Trust Growth Strength ETF were worth $1,792,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in FTGS. Wells Fargo & Company MN grew its holdings in shares of First Trust Growth Strength ETF by 465.2% during the fourth quarter. Wells Fargo & Company MN now owns 2,255 shares of the company’s stock valued at $71,000 after buying an additional 1,856 shares during the last quarter. Rossby Financial LCC purchased a new stake in shares of First Trust Growth Strength ETF during the first quarter valued at $78,000. REAP Financial Group LLC grew its holdings in shares of First Trust Growth Strength ETF by 81.2% during the fourth quarter. REAP Financial Group LLC now owns 2,832 shares of the company’s stock valued at $89,000 after buying an additional 1,269 shares during the last quarter. NBC Securities Inc. grew its holdings in shares of First Trust Growth Strength ETF by 152,750.0% during the first quarter. NBC Securities Inc. now owns 3,057 shares of the company’s stock valued at $90,000 after buying an additional 3,055 shares during the last quarter. Finally, Albion Financial Group UT grew its holdings in shares of First Trust Growth Strength ETF by 330.2% during the first quarter. Albion Financial Group UT now owns 5,735 shares of the company’s stock valued at $171,000 after buying an additional 4,402 shares during the last quarter.

First Trust Growth Strength ETF Price Performance

NASDAQ FTGS opened at $34.89 on Friday. The company has a market capitalization of $1.20 billion, a PE ratio of 23.90 and a beta of 1.11. The company has a fifty day moving average of $34.24 and a 200 day moving average of $32.03. First Trust Growth Strength ETF has a 1 year low of $25.74 and a 1 year high of $35.68.

First Trust Growth Strength ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Thursday, June 26th were given a dividend of $0.0036 per share. The ex-dividend date was Thursday, June 26th. This represents a $0.01 dividend on an annualized basis and a yield of 0.0%.

About First Trust Growth Strength ETF

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.