First Trust Growth Strength ETF $FTGS Shares Sold by PFG Advisors

PFG Advisors lowered its holdings in First Trust Growth Strength ETF (NASDAQ:FTGS) by 41.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 19,152 shares of the company’s stock after selling 13,564 shares during the quarter. PFG Advisors owned 0.06% of First Trust Growth Strength ETF worth $655,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Fifth Third Bancorp grew its position in 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 purchasing an additional 1,270 shares during the period. Ameritas Advisory Services LLC acquired a new stake in First Trust Growth Strength ETF during the second quarter worth about $128,000. tru Independence LLC purchased a new position in First Trust Growth Strength ETF during the second quarter valued at approximately $205,000. Stratos Wealth Partners LTD. acquired a new position in First Trust Growth Strength ETF in the first quarter valued at approximately $234,000. Finally, Daymark Wealth Partners LLC acquired a new position in First Trust Growth Strength ETF in the second quarter valued at approximately $271,000.

First Trust Growth Strength ETF Price Performance

Shares of NASDAQ FTGS opened at $35.39 on Wednesday. The stock has a market capitalization of $1.25 billion, a price-to-earnings ratio of 23.90 and a beta of 1.12. The firm’s 50 day simple moving average is $35.88 and its 200-day simple moving average is $34.46. First Trust Growth Strength ETF has a 12 month low of $25.74 and a 12 month high of $36.65.

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 $0.0242 dividend. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.3%. This is an increase 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 Company 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.