First Trust SMID Growth Strength ETF (NASDAQ:FSGS) Trading 1% Higher – Time to Buy?

First Trust SMID Growth Strength ETF (NASDAQ:FSGSGet Free Report)’s stock price rose 1% during trading on Thursday . The stock traded as high as $30.66 and last traded at $30.66. Approximately 876 shares changed hands during mid-day trading, a decline of 55% from the average daily volume of 1,955 shares. The stock had previously closed at $30.37.

First Trust SMID Growth Strength ETF Price Performance

The company’s 50 day simple moving average is $30.12 and its 200 day simple moving average is $30.60. The firm has a market cap of $29.13 million, a price-to-earnings ratio of 18.32 and a beta of 1.00.

Hedge Funds Weigh In On First Trust SMID Growth Strength ETF

A number of institutional investors and hedge funds have recently modified their holdings of FSGS. Susquehanna International Group LLP grew its stake in shares of First Trust SMID Growth Strength ETF by 59.5% during the third quarter. Susquehanna International Group LLP now owns 42,012 shares of the company’s stock worth $1,312,000 after purchasing an additional 15,668 shares in the last quarter. Osaic Holdings Inc. acquired a new position in shares of First Trust SMID Growth Strength ETF during the second quarter worth $168,000. Kestra Advisory Services LLC acquired a new position in shares of First Trust SMID Growth Strength ETF during the fourth quarter worth $73,000. Citadel Advisors LLC grew its stake in shares of First Trust SMID Growth Strength ETF by 7.2% during the third quarter. Citadel Advisors LLC now owns 35,319 shares of the company’s stock worth $1,103,000 after purchasing an additional 2,361 shares in the last quarter. Finally, Western Wealth Management LLC grew its stake in shares of First Trust SMID Growth Strength ETF by 8.3% during the fourth quarter. Western Wealth Management LLC now owns 7,552 shares of the company’s stock worth $230,000 after purchasing an additional 577 shares in the last quarter.

First Trust SMID Growth Strength ETF Company Profile

(Get Free Report)

The First Trust SMID Growth Strength ETF (FSGS) is an exchange-traded fund that is based on the SMID Growth Strength index. The fund tracks an index of small and midcap companies with a perceived strong balance sheet and financial performance. FSGS was launched on Jun 20, 2017 and is issued by First Trust.

Recommended Stories

Receive News & Ratings for First Trust SMID Growth Strength ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust SMID Growth Strength ETF and related companies with MarketBeat.com's FREE daily email newsletter.