First Trust Growth Strength ETF $FTGS Position Cut by Sigma Planning Corp

Sigma Planning Corp decreased its position in shares of First Trust Growth Strength ETF (NASDAQ:FTGS) by 19.3% in the 4th quarter, HoldingsChannel.com reports. The fund owned 86,082 shares of the company’s stock after selling 20,556 shares during the quarter. Sigma Planning Corp’s holdings in First Trust Growth Strength ETF were worth $3,043,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in FTGS. Calton & Associates Inc. bought a new stake in shares of First Trust Growth Strength ETF during the third quarter worth about $661,000. Assetmark Inc. boosted its position 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 purchasing an additional 19,842 shares in the last quarter. Centennial Wealth Advisory LLC boosted its position in shares of First Trust Growth Strength ETF by 13.8% during the 4th quarter. Centennial Wealth Advisory LLC now owns 124,840 shares of the company’s stock worth $4,413,000 after purchasing an additional 15,124 shares in the last quarter. Stratos Wealth Partners LTD. lifted its holdings in shares of First Trust Growth Strength ETF by 109.7% in the 3rd quarter. Stratos Wealth Partners LTD. now owns 30,127 shares of the company’s stock worth $1,082,000 after purchasing an additional 15,760 shares in the last quarter. Finally, Dynamic Advisor Solutions LLC bought a new position in First Trust Growth Strength ETF in the 4th quarter valued at about $1,743,000.

First Trust Growth Strength ETF Stock Performance

Shares of NASDAQ FTGS opened at $36.01 on Friday. First Trust Growth Strength ETF has a fifty-two week low of $30.80 and a fifty-two week high of $37.04. The stock has a market cap of $1.22 billion, a price-to-earnings ratio of 23.90 and a beta of 1.11. The firm’s 50-day simple moving average is $35.29 and its 200 day simple moving average is $35.50.

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.