Sigma Planning Corp Trims Stock Position in First Trust Growth Strength ETF $FTGS

Sigma Planning Corp cut its stake in First Trust Growth Strength ETF (NASDAQ:FTGS) by 19.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 86,082 shares of the company’s stock after selling 20,556 shares during the period. Sigma Planning Corp owned about 0.24% of First Trust Growth Strength ETF worth $3,043,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Raymond James Financial Inc. lifted its stake in First Trust Growth Strength ETF by 31.1% in the third quarter. Raymond James Financial Inc. now owns 1,559,896 shares of the company’s stock valued at $56,016,000 after buying an additional 370,142 shares during the last quarter. Key Client Fiduciary Advisors LLC purchased a new stake in First Trust Growth Strength ETF in the fourth quarter valued at approximately $4,982,000. PCG Wealth Advisors LLC purchased a new stake in First Trust Growth Strength ETF in the third quarter valued at approximately $5,016,000. KPP Advisory Services LLC lifted its stake in First Trust Growth Strength ETF by 53.6% in the third quarter. KPP Advisory Services LLC now owns 304,891 shares of the company’s stock valued at $10,949,000 after buying an additional 106,377 shares during the last quarter. Finally, Orion Porfolio Solutions LLC lifted its stake in First Trust Growth Strength ETF by 1,477.2% in the second quarter. Orion Porfolio Solutions LLC now owns 85,735 shares of the company’s stock valued at $2,931,000 after buying an additional 80,299 shares during the last quarter.

First Trust Growth Strength ETF Trading Down 0.1%

Shares of NASDAQ FTGS opened at $36.01 on Friday. First Trust Growth Strength ETF has a twelve month low of $30.80 and a twelve month high of $37.04. The stock has a 50 day moving average of $35.29 and a two-hundred day moving average of $35.50. The stock has a market cap of $1.22 billion, a P/E ratio of 23.90 and a beta of 1.11.

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.