RFG Advisory LLC Buys 685 Shares of First Trust Growth Strength ETF $FTGS

RFG Advisory LLC increased its holdings in shares of First Trust Growth Strength ETF (NASDAQ:FTGS) by 2.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 27,105 shares of the company’s stock after acquiring an additional 685 shares during the quarter. RFG Advisory LLC owned about 0.08% of First Trust Growth Strength ETF worth $927,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Fifth Third Bancorp increased its holdings in shares of First Trust Growth Strength ETF by 138.8% during the 2nd quarter. Fifth Third Bancorp now owns 2,185 shares of the company’s stock worth $75,000 after acquiring an additional 1,270 shares during the last quarter. Rossby Financial LCC acquired a new position in shares of First Trust Growth Strength ETF during the 1st quarter worth approximately $78,000. Ameritas Advisory Services LLC acquired a new position in shares of First Trust Growth Strength ETF during the 2nd quarter worth approximately $128,000. Albion Financial Group UT increased its holdings in shares of First Trust Growth Strength ETF by 330.2% during the 1st quarter. Albion Financial Group UT now owns 5,735 shares of the company’s stock worth $171,000 after acquiring an additional 4,402 shares during the last quarter. Finally, tru Independence LLC acquired a new position in shares of First Trust Growth Strength ETF during the 2nd quarter worth approximately $205,000.

First Trust Growth Strength ETF Trading Down 0.8%

FTGS stock opened at $35.76 on Friday. The firm has a market capitalization of $1.26 billion, a PE ratio of 23.90 and a beta of 1.11. First Trust Growth Strength ETF has a 1-year low of $25.74 and a 1-year high of $36.57. The business’s 50 day simple moving average is $35.59 and its 200 day simple moving average is $33.43.

First Trust Growth Strength ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Thursday, September 25th were issued a $0.0242 dividend. The ex-dividend date of this dividend was Thursday, September 25th. This represents a $0.10 dividend on an annualized basis and a yield of 0.3%. This is a positive change from First Trust Growth Strength ETF’s previous quarterly dividend of $0.00.

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.