Prospera Financial Services Inc Lowers Stock Position in First Trust Growth Strength ETF $FTGS

Prospera Financial Services Inc decreased its holdings in First Trust Growth Strength ETF (NASDAQ:FTGS) by 0.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 454,762 shares of the company’s stock after selling 1,966 shares during the quarter. Prospera Financial Services Inc’s holdings in First Trust Growth Strength ETF were worth $15,549,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. International Assets Investment Management LLC raised its holdings in shares of First Trust Growth Strength ETF by 5.2% in the second quarter. International Assets Investment Management LLC now owns 22,116 shares of the company’s stock valued at $756,000 after buying an additional 1,100 shares during the last quarter. Centennial Wealth Advisory LLC increased its position in First Trust Growth Strength ETF by 70.7% in the 2nd quarter. Centennial Wealth Advisory LLC now owns 72,133 shares of the company’s stock valued at $2,466,000 after acquiring an additional 29,868 shares during the period. Nations Financial Group Inc. IA ADV raised its stake in First Trust Growth Strength ETF by 9.4% during the 1st quarter. Nations Financial Group Inc. IA ADV now owns 60,239 shares of the company’s stock valued at $1,792,000 after acquiring an additional 5,160 shares during the last quarter. FSB Premier Wealth Management Inc. lifted its position in First Trust Growth Strength ETF by 106.6% during the 1st quarter. FSB Premier Wealth Management Inc. now owns 29,834 shares of the company’s stock worth $888,000 after acquiring an additional 15,393 shares during the period. Finally, Flow Traders U.S. LLC acquired a new stake in First Trust Growth Strength ETF during the 1st quarter worth approximately $928,000.

First Trust Growth Strength ETF Trading Up 0.2%

NASDAQ:FTGS opened at $34.93 on Friday. First Trust Growth Strength ETF has a 12-month low of $25.74 and a 12-month high of $36.65. The stock’s 50 day simple moving average is $35.88 and its 200-day simple moving average is $34.30. The firm has a market cap of $1.23 billion, a P/E ratio of 23.90 and a beta of 1.12.

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 given a dividend of $0.0242 per share. This represents a $0.10 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date was Thursday, September 25th. This is an increase from First Trust Growth Strength ETF’s previous quarterly dividend of $0.00.

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.