Hobart Private Capital LLC Buys 22,326 Shares of First Trust Growth Strength ETF $FTGS

Hobart Private Capital LLC raised its stake in shares of First Trust Growth Strength ETF (NASDAQ:FTGS) by 5.5% during the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 425,915 shares of the company’s stock after purchasing an additional 22,326 shares during the quarter. First Trust Growth Strength ETF accounts for about 2.7% of Hobart Private Capital LLC’s investment portfolio, making the stock its 6th biggest position. Hobart Private Capital LLC owned about 1.26% of First Trust Growth Strength ETF worth $15,760,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Independent Advisor Alliance lifted its position in First Trust Growth Strength ETF by 9.4% in the fourth quarter. Independent Advisor Alliance now owns 460,276 shares of the company’s stock worth $16,271,000 after purchasing an additional 39,578 shares during the period. Cambridge Investment Research Advisors Inc. boosted its stake in First Trust Growth Strength ETF by 7.0% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 1,125,357 shares of the company’s stock worth $39,782,000 after buying an additional 73,699 shares in the last quarter. Key Client Fiduciary Advisors LLC bought a new stake in First Trust Growth Strength ETF in the 4th quarter valued at $4,982,000. Assetmark Inc. lifted its holdings in shares of First Trust Growth Strength ETF by 5.9% during the 4th quarter. Assetmark Inc. now owns 354,154 shares of the company’s stock worth $12,520,000 after acquiring an additional 19,842 shares during the period. Finally, Centennial Wealth Advisory LLC lifted its holdings in shares of First Trust Growth Strength ETF by 73.6% during the 1st quarter. Centennial Wealth Advisory LLC now owns 216,767 shares of the company’s stock worth $7,380,000 after acquiring an additional 91,927 shares during the period.

First Trust Growth Strength ETF Stock Performance

Shares of First Trust Growth Strength ETF stock opened at $38.81 on Tuesday. The firm’s 50-day simple moving average is $37.39 and its 200-day simple moving average is $36.24. First Trust Growth Strength ETF has a twelve month low of $33.00 and a twelve month high of $38.87. The firm has a market cap of $1.31 billion, a P/E ratio of 23.90 and a beta of 1.01.

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.