First Trust Growth Strength ETF (NASDAQ:FTGS – Get Free Report) shares saw an uptick in trading volume on Tuesday . 449,814 shares changed hands during trading, an increase of 138% from the previous session’s volume of 189,288 shares.The stock last traded at $35.23 and had previously closed at $34.96.
First Trust Growth Strength ETF Price Performance
The company’s 50 day moving average price is $35.74 and its 200 day moving average price is $35.65. The firm has a market cap of $1.21 billion, a PE ratio of 23.90 and a beta of 1.12.
Hedge Funds Weigh In On First Trust Growth Strength ETF
Several hedge funds and other institutional investors have recently added to or reduced their stakes in FTGS. Calton & Associates Inc. acquired a new stake in shares of First Trust Growth Strength ETF in the third quarter valued at $661,000. Comprehensive Financial Consultants Institutional Inc. grew its stake in First Trust Growth Strength ETF by 65.8% during the 3rd quarter. Comprehensive Financial Consultants Institutional Inc. now owns 77,779 shares of the company’s stock worth $2,793,000 after purchasing an additional 30,859 shares in the last quarter. CWM LLC increased its holdings in First Trust Growth Strength ETF by 1.6% during the 3rd quarter. CWM LLC now owns 1,308,488 shares of the company’s stock worth $46,988,000 after purchasing an additional 20,197 shares during the period. Global Retirement Partners LLC purchased a new stake in First Trust Growth Strength ETF during the 2nd quarter worth about $690,000. Finally, Centennial Wealth Advisory LLC raised its position in First Trust Growth Strength ETF by 52.1% in the 3rd quarter. Centennial Wealth Advisory LLC now owns 109,716 shares of the company’s stock valued at $3,940,000 after purchasing an additional 37,583 shares in the last quarter.
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.
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