LVZ Inc. Sells 380 Shares of First Trust Growth Strength ETF $FTGS

LVZ Inc. lessened its stake in First Trust Growth Strength ETF (NASDAQ:FTGS) by 0.4% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 106,729 shares of the company’s stock after selling 380 shares during the period. First Trust Growth Strength ETF accounts for 0.4% of LVZ Inc.’s portfolio, making the stock its 19th largest holding. LVZ Inc.’s holdings in First Trust Growth Strength ETF were worth $3,649,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently bought and sold shares of the company. Rossby Financial LCC bought a new stake in shares of First Trust Growth Strength ETF during the 1st quarter valued at $78,000. REAP Financial Group LLC raised its position in shares of First Trust Growth Strength ETF by 81.2% during the 4th quarter. REAP Financial Group LLC now owns 2,832 shares of the company’s stock valued at $89,000 after acquiring an additional 1,269 shares during the last quarter. NBC Securities Inc. raised its position in shares of First Trust Growth Strength ETF by 152,750.0% during the 1st quarter. NBC Securities Inc. now owns 3,057 shares of the company’s stock valued at $90,000 after acquiring an additional 3,055 shares during the last quarter. Albion Financial Group UT grew its holdings in shares of First Trust Growth Strength ETF by 330.2% in the 1st 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 period. Finally, Stratos Wealth Partners LTD. acquired a new position in shares of First Trust Growth Strength ETF in the 1st quarter valued at $234,000.

First Trust Growth Strength ETF Stock Up 0.3%

Shares of FTGS stock opened at $36.15 on Tuesday. First Trust Growth Strength ETF has a 12-month low of $25.74 and a 12-month high of $36.43. The firm has a market capitalization of $1.24 billion, a price-to-earnings ratio of 23.90 and a beta of 1.11. The firm has a fifty day moving average of $35.16 and a 200-day moving average of $32.70.

First Trust Growth Strength ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Thursday, June 26th were issued a $0.0036 dividend. The ex-dividend date of this dividend was Thursday, June 26th. This represents a $0.01 annualized dividend and a dividend yield of 0.0%.

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.