Harbour Investments Inc. Sells 73,263 Shares of First Trust Growth Strength ETF (NASDAQ:FTGS)

Harbour Investments Inc. decreased its position in First Trust Growth Strength ETF (NASDAQ:FTGS) by 54.4% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 61,439 shares of the company’s stock after selling 73,263 shares during the quarter. Harbour Investments Inc. owned 0.25% of First Trust Growth Strength ETF worth $1,918,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also bought and sold shares of FTGS. Nations Financial Group Inc. IA ADV raised its position in First Trust Growth Strength ETF by 27.9% in the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 28,914 shares of the company’s stock worth $903,000 after purchasing an additional 6,300 shares during the period. Sigma Planning Corp increased its holdings in shares of First Trust Growth Strength ETF by 182.1% in the third quarter. Sigma Planning Corp now owns 169,289 shares of the company’s stock worth $5,285,000 after buying an additional 109,279 shares during the period. Mach 1 Financial Group LLC lifted its stake in shares of First Trust Growth Strength ETF by 7.7% in the 3rd quarter. Mach 1 Financial Group LLC now owns 346,531 shares of the company’s stock valued at $10,803,000 after acquiring an additional 24,797 shares during the last quarter. Atria Investments Inc boosted its holdings in First Trust Growth Strength ETF by 58.4% during the 3rd quarter. Atria Investments Inc now owns 104,622 shares of the company’s stock valued at $3,266,000 after acquiring an additional 38,578 shares during the period. Finally, Assetmark Inc. grew its position in First Trust Growth Strength ETF by 108.7% during the 3rd quarter. Assetmark Inc. now owns 294,856 shares of the company’s stock worth $9,205,000 after acquiring an additional 153,554 shares during the last quarter.

First Trust Growth Strength ETF Stock Performance

Shares of FTGS stock opened at $32.83 on Thursday. First Trust Growth Strength ETF has a fifty-two week low of $24.90 and a fifty-two week high of $32.96. The company has a market capitalization of $819.11 million, a P/E ratio of 20.80 and a beta of 1.11. The stock has a 50 day moving average price of $31.30 and a two-hundred day moving average price of $30.66.

First Trust Growth Strength ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were given a $0.021 dividend. This is a boost from First Trust Growth Strength ETF’s previous quarterly dividend of $0.01. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.26%.

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.