Atria Wealth Solutions Inc. Sells 52,327 Shares of First Trust Growth Strength ETF $FTGS

Atria Wealth Solutions Inc. cut its holdings in shares of First Trust Growth Strength ETF (NASDAQ:FTGS) by 84.9% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 9,284 shares of the company’s stock after selling 52,327 shares during the period. Atria Wealth Solutions Inc.’s holdings in First Trust Growth Strength ETF were worth $317,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Centennial Wealth Advisory LLC lifted its stake in First Trust Growth Strength ETF by 70.7% during the second quarter. Centennial Wealth Advisory LLC now owns 72,133 shares of the company’s stock worth $2,466,000 after purchasing an additional 29,868 shares during the last quarter. Western Wealth Management LLC lifted its stake in First Trust Growth Strength ETF by 22.0% during the first quarter. Western Wealth Management LLC now owns 30,944 shares of the company’s stock worth $921,000 after purchasing an additional 5,584 shares during the last quarter. Clarity Capital Partners LLC lifted its stake in First Trust Growth Strength ETF by 49.8% during the first quarter. Clarity Capital Partners LLC now owns 11,368 shares of the company’s stock worth $338,000 after purchasing an additional 3,777 shares during the last quarter. Gateway Wealth Partners LLC lifted its stake in First Trust Growth Strength ETF by 74.2% during the first quarter. Gateway Wealth Partners LLC now owns 118,967 shares of the company’s stock worth $3,539,000 after purchasing an additional 50,692 shares during the last quarter. Finally, Boyce & Associates Wealth Consulting Inc. lifted its stake in First Trust Growth Strength ETF by 15.3% during the first quarter. Boyce & Associates Wealth Consulting Inc. now owns 70,264 shares of the company’s stock worth $2,090,000 after purchasing an additional 9,316 shares during the last quarter.

First Trust Growth Strength ETF Price Performance

NASDAQ FTGS opened at $36.22 on Wednesday. The business has a fifty day moving average price of $35.68 and a two-hundred day moving average price of $33.61. First Trust Growth Strength ETF has a fifty-two week low of $25.74 and a fifty-two week high of $36.57. The stock has a market capitalization of $1.28 billion, a PE ratio of 23.90 and a beta of 1.11.

First Trust Growth Strength ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Thursday, September 25th were issued a dividend of $0.0242 per share. This represents a $0.10 annualized dividend and a dividend yield of 0.3%. This is a boost from First Trust Growth Strength ETF’s previous quarterly dividend of $0.00. The ex-dividend date was Thursday, September 25th.

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.