Synergy Investment Management LLC Makes New Investment in First Trust Growth Strength ETF (NASDAQ:FTGS)

Synergy Investment Management LLC acquired a new position in shares of First Trust Growth Strength ETF (NASDAQ:FTGS) during the fourth quarter, HoldingsChannel reports. The firm acquired 5,751 shares of the company’s stock, valued at approximately $181,000.

Several other large investors also recently made changes to their positions in the stock. Prospera Financial Services Inc increased its holdings in First Trust Growth Strength ETF by 13.3% during the third quarter. Prospera Financial Services Inc now owns 436,275 shares of the company’s stock worth $13,620,000 after buying an additional 51,152 shares during the last quarter. ODonnell Financial Services LLC grew its position in shares of First Trust Growth Strength ETF by 9.4% in the 4th quarter. ODonnell Financial Services LLC now owns 422,023 shares of the company’s stock valued at $13,003,000 after acquiring an additional 36,305 shares during the period. Mach 1 Financial Group LLC increased its stake in shares of First Trust Growth Strength ETF by 7.7% during the 3rd quarter. Mach 1 Financial Group LLC now owns 346,531 shares of the company’s stock worth $10,803,000 after purchasing an additional 24,797 shares during the last quarter. Private Advisor Group LLC raised its holdings in shares of First Trust Growth Strength ETF by 10.0% in the 4th quarter. Private Advisor Group LLC now owns 337,660 shares of the company’s stock valued at $10,603,000 after purchasing an additional 30,599 shares during the period. Finally, Assetmark Inc. lifted its stake in First Trust Growth Strength ETF by 108.7% in the 3rd quarter. Assetmark Inc. now owns 294,856 shares of the company’s stock valued at $9,205,000 after purchasing an additional 153,554 shares during the last quarter.

First Trust Growth Strength ETF Stock Performance

First Trust Growth Strength ETF stock opened at $30.76 on Tuesday. The stock has a 50-day simple moving average of $32.07 and a 200 day simple moving average of $31.82. The stock has a market capitalization of $1.02 billion, a P/E ratio of 19.23 and a beta of 1.18. First Trust Growth Strength ETF has a 52 week low of $28.31 and a 52 week high of $33.38.

First Trust Growth Strength ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were issued a dividend of $0.0662 per share. The ex-dividend date was Friday, December 13th.

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.