First Trust Growth Strength ETF $FTGS Shares Purchased by Gateway Wealth Partners LLC

Gateway Wealth Partners LLC grew its position in shares of First Trust Growth Strength ETF (NASDAQ:FTGS) by 118.2% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 168,521 shares of the company’s stock after purchasing an additional 91,304 shares during the period. Gateway Wealth Partners LLC owned approximately 0.50% of First Trust Growth Strength ETF worth $5,737,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in FTGS. Cullen Frost Bankers Inc. boosted its holdings in First Trust Growth Strength ETF by 58.9% in the fourth quarter. Cullen Frost Bankers Inc. now owns 1,039 shares of the company’s stock valued at $37,000 after purchasing an additional 385 shares during the last quarter. WPG Advisers LLC increased its holdings in First Trust Growth Strength ETF by 3.4% during the 4th quarter. WPG Advisers LLC now owns 14,467 shares of the company’s stock worth $511,000 after purchasing an additional 469 shares during the last quarter. Ameriflex Group Inc. increased its holdings in First Trust Growth Strength ETF by 78.8% during the 4th quarter. Ameriflex Group Inc. now owns 1,162 shares of the company’s stock worth $41,000 after purchasing an additional 512 shares during the last quarter. Geneos Wealth Management Inc. increased its holdings in First Trust Growth Strength ETF by 2.5% during the 1st quarter. Geneos Wealth Management Inc. now owns 22,480 shares of the company’s stock worth $765,000 after purchasing an additional 544 shares during the last quarter. Finally, Smartleaf Asset Management LLC raised its position in shares of First Trust Growth Strength ETF by 100.5% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,111 shares of the company’s stock valued at $40,000 after purchasing an additional 557 shares in the last quarter.

First Trust Growth Strength ETF Stock Performance

FTGS opened at $37.29 on Monday. The company has a 50-day moving average of $37.19 and a 200-day moving average of $36.16. The company has a market capitalization of $1.26 billion, a P/E ratio of 23.90 and a beta of 1.02. First Trust Growth Strength ETF has a 1-year low of $33.00 and a 1-year high of $38.65.

First Trust Growth Strength ETF 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.