First Trust Growth Strength ETF $FTGS Shares Purchased by Cwm LLC

Cwm LLC grew its holdings in shares of First Trust Growth Strength ETF (NASDAQ:FTGS) by 1.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,308,488 shares of the company’s stock after buying an additional 20,197 shares during the quarter. Cwm LLC’s holdings in First Trust Growth Strength ETF were worth $46,988,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in FTGS. Private Trust Co. NA raised its stake in shares of First Trust Growth Strength ETF by 49.6% in the 3rd quarter. Private Trust Co. NA now owns 1,183 shares of the company’s stock valued at $42,000 after acquiring an additional 392 shares during the period. ABLE Financial Group LLC increased its holdings in First Trust Growth Strength ETF by 3.1% in the 3rd quarter. ABLE Financial Group LLC now owns 46,332 shares of the company’s stock valued at $1,664,000 after purchasing an additional 1,403 shares in the last quarter. Asset Allocation Strategies LLC acquired a new stake in First Trust Growth Strength ETF in the 3rd quarter valued at $333,000. Salem Investment Counselors Inc. purchased a new position in First Trust Growth Strength ETF in the third quarter valued at about $44,000. Finally, Park National Corp OH lifted its stake in shares of First Trust Growth Strength ETF by 14.8% during the third quarter. Park National Corp OH now owns 368,130 shares of the company’s stock worth $13,220,000 after purchasing an additional 47,398 shares in the last quarter.

First Trust Growth Strength ETF Stock Performance

FTGS stock opened at $35.92 on Friday. First Trust Growth Strength ETF has a 1 year low of $25.74 and a 1 year high of $36.65. The firm has a market cap of $1.26 billion, a P/E ratio of 23.90 and a beta of 1.12. The stock has a 50-day simple moving average of $35.36 and a 200-day simple moving average of $35.08.

First Trust Growth Strength ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th will be given a $0.0055 dividend. The ex-dividend date of this dividend is Friday, December 12th. This represents a $0.02 annualized dividend and a yield of 0.1%.

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.