Key Client Fiduciary Advisors LLC Acquires Shares of 140,936 First Trust Growth Strength ETF $FTGS

Key Client Fiduciary Advisors LLC acquired a new position in First Trust Growth Strength ETF (NASDAQ:FTGS) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 140,936 shares of the company’s stock, valued at approximately $4,982,000. First Trust Growth Strength ETF accounts for 1.7% of Key Client Fiduciary Advisors LLC’s portfolio, making the stock its 14th biggest holding. Key Client Fiduciary Advisors LLC owned 0.40% of First Trust Growth Strength ETF as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in FTGS. Root Financial Partners LLC purchased a new stake in First Trust Growth Strength ETF in the third quarter valued at $28,000. Capital Investment Advisory Services LLC raised its stake in shares of First Trust Growth Strength ETF by 6,214.3% during the 4th quarter. Capital Investment Advisory Services LLC now owns 884 shares of the company’s stock valued at $31,000 after buying an additional 870 shares during the last quarter. Allworth Financial LP acquired a new position in shares of First Trust Growth Strength ETF in the 3rd quarter valued at about $32,000. Private Trust Co. NA boosted its stake in shares of First Trust Growth Strength ETF by 49.6% in the third quarter. Private Trust Co. NA now owns 1,183 shares of the company’s stock worth $42,000 after buying an additional 392 shares during the last quarter. Finally, Elevation Point Wealth Partners LLC purchased a new stake in shares of First Trust Growth Strength ETF in the third quarter worth about $208,000.

First Trust Growth Strength ETF Stock Down 0.6%

First Trust Growth Strength ETF stock opened at $36.56 on Wednesday. The business’s 50-day moving average price is $35.18 and its 200 day moving average price is $35.49. The firm has a market cap of $1.24 billion, a price-to-earnings ratio of 23.90 and a beta of 1.11. First Trust Growth Strength ETF has a 52 week low of $27.94 and a 52 week high of $37.04.

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. FTGS was launched on Oct 25, 2022 and is managed by First Trust.