HBW Advisory Services LLC Buys Shares of 19,566 First Trust Growth Strength ETF (NASDAQ:FTGS)

HBW Advisory Services LLC purchased a new position in shares of First Trust Growth Strength ETF (NASDAQ:FTGS) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 19,566 shares of the company’s stock, valued at approximately $614,000.

Several other hedge funds have also made changes to their positions in the stock. FMR LLC increased its position in First Trust Growth Strength ETF by 60.4% in the third quarter. FMR LLC now owns 1,609 shares of the company’s stock worth $50,000 after buying an additional 606 shares during the period. Pinnacle Bancorp Inc. grew its position in shares of First Trust Growth Strength ETF by 93.0% during the third quarter. Pinnacle Bancorp Inc. now owns 2,086 shares of the company’s stock worth $65,000 after acquiring an additional 1,005 shares during the last quarter. NBC Securities Inc. increased its holdings in shares of First Trust Growth Strength ETF by 43.2% in the 3rd quarter. NBC Securities Inc. now owns 2,454 shares of the company’s stock worth $76,000 after acquiring an additional 740 shares during the period. Northwestern Mutual Wealth Management Co. bought a new stake in First Trust Growth Strength ETF in the 2nd quarter valued at about $117,000. Finally, Benjamin Edwards Inc. boosted its stake in First Trust Growth Strength ETF by 82.5% during the 2nd quarter. Benjamin Edwards Inc. now owns 4,245 shares of the company’s stock valued at $130,000 after purchasing an additional 1,919 shares during the period.

First Trust Growth Strength ETF Trading Down 1.6 %

NASDAQ FTGS opened at $31.27 on Friday. The company has a 50-day moving average price of $32.33 and a two-hundred day moving average price of $31.34. First Trust Growth Strength ETF has a 52 week low of $26.71 and a 52 week high of $33.38. The stock has a market cap of $892.76 million, a price-to-earnings ratio of 20.80 and a beta of 1.11.

First Trust Growth Strength ETF Dividend Announcement

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

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.