Stratos Wealth Partners LTD. Grows Position in First Trust Growth Strength ETF $FTGS

Stratos Wealth Partners LTD. boosted its stake in shares of First Trust Growth Strength ETF (NASDAQ:FTGS) by 109.7% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 30,127 shares of the company’s stock after acquiring an additional 15,760 shares during the period. Stratos Wealth Partners LTD. owned 0.09% of First Trust Growth Strength ETF worth $1,082,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Comprehensive Financial Consultants Institutional Inc. grew its stake in shares of First Trust Growth Strength ETF by 65.8% in the 3rd quarter. Comprehensive Financial Consultants Institutional Inc. now owns 77,779 shares of the company’s stock worth $2,793,000 after buying an additional 30,859 shares in the last quarter. CWM LLC lifted its holdings in shares of First Trust Growth Strength ETF by 1.6% in the 3rd quarter. CWM LLC now owns 1,308,488 shares of the company’s stock valued at $46,988,000 after acquiring an additional 20,197 shares during the last quarter. Global Retirement Partners LLC bought a new position in shares of First Trust Growth Strength ETF in the 2nd quarter valued at about $690,000. Centennial Wealth Advisory LLC grew its position in First Trust Growth Strength ETF by 52.1% in the third quarter. Centennial Wealth Advisory LLC now owns 109,716 shares of the company’s stock worth $3,940,000 after acquiring an additional 37,583 shares in the last quarter. Finally, International Assets Investment Management LLC increased its stake in First Trust Growth Strength ETF by 5.2% during the second quarter. International Assets Investment Management LLC now owns 22,116 shares of the company’s stock worth $756,000 after acquiring an additional 1,100 shares during the last quarter.

First Trust Growth Strength ETF Price Performance

NASDAQ:FTGS opened at $35.28 on Monday. The firm has a market capitalization of $1.25 billion, a price-to-earnings ratio of 23.90 and a beta of 1.12. First Trust Growth Strength ETF has a 1 year low of $25.74 and a 1 year high of $36.71. The business has a 50 day simple moving average of $35.83 and a 200-day simple moving average of $35.56.

First Trust Growth Strength ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Friday, December 12th were given a $0.0055 dividend. The ex-dividend date was Friday, December 12th. This represents a $0.02 dividend on an annualized basis and a yield of 0.1%.

About First Trust Growth Strength ETF

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.