Shares of First Trust Growth Strength ETF (NASDAQ:FTGS – Get Free Report) hit a new 52-week high during trading on Tuesday . The company traded as high as $38.65 and last traded at $37.82, with a volume of 8916 shares trading hands. The stock had previously closed at $37.83.
First Trust Growth Strength ETF Stock Down 0.2%
The firm’s 50 day moving average is $36.99 and its two-hundred day moving average is $36.06. The company has a market cap of $1.28 billion, a P/E ratio of 23.90 and a beta of 1.02.
Institutional Investors Weigh In On First Trust Growth Strength ETF
Institutional investors have recently modified their holdings of the company. Jones Financial Companies Lllp boosted its position in First Trust Growth Strength ETF by 30,257.9% during the first quarter. Jones Financial Companies Lllp now owns 28,840 shares of the company’s stock valued at $858,000 after acquiring an additional 28,745 shares during the last quarter. Goldman Sachs Group Inc. acquired a new stake in First Trust Growth Strength ETF in the first quarter valued at approximately $1,009,000. Jane Street Group LLC grew its position in First Trust Growth Strength ETF by 249.0% in the 1st quarter. Jane Street Group LLC now owns 36,269 shares of the company’s stock valued at $1,079,000 after purchasing an additional 25,877 shares during the period. NewEdge Advisors LLC grew its holdings in shares of First Trust Growth Strength ETF by 0.9% during the second quarter. NewEdge Advisors LLC now owns 193,833 shares of the company’s stock valued at $6,627,000 after buying an additional 1,734 shares during the last quarter. Finally, Betterment LLC increased its holdings in First Trust Growth Strength ETF by 150.9% during the 2nd quarter. Betterment LLC now owns 24,040 shares of the company’s stock worth $822,000 after purchasing an additional 14,459 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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