13,054 First Trust Growth Strength ETF $FTGS Shares Acquired by VestGen Advisors LLC

VestGen Advisors LLC lifted its holdings in First Trust Growth Strength ETF (NASDAQ:FTGS) by 4.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 287,145 shares of the company’s stock after acquiring an additional 13,054 shares during the quarter. VestGen Advisors LLC owned 0.85% of First Trust Growth Strength ETF worth $10,889,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in FTGS. Gateway Wealth Partners LLC lifted its position in First Trust Growth Strength ETF by 118.2% during the first quarter. Gateway Wealth Partners LLC now owns 168,521 shares of the company’s stock valued at $5,737,000 after purchasing an additional 91,304 shares during the period. Avior Wealth Management LLC purchased a new stake in First Trust Growth Strength ETF in the third quarter valued at $4,287,000. Ameritas Advisory Services LLC purchased a new stake in First Trust Growth Strength ETF in the second quarter valued at $928,000. Cetera Investment Advisers boosted its holdings in First Trust Growth Strength ETF by 3.2% in the first quarter. Cetera Investment Advisers now owns 1,490,187 shares of the company’s stock valued at $50,734,000 after purchasing an additional 46,709 shares during the last quarter. Finally, Park National Corp OH acquired a new stake in First Trust Growth Strength ETF during the 3rd quarter worth about $13,728,000.

First Trust Growth Strength ETF Stock Performance

Shares of FTGS opened at $38.36 on Thursday. The business’s 50-day moving average is $38.46 and its two-hundred day moving average is $36.99. The company has a market capitalization of $1.30 billion, a P/E ratio of 23.90 and a beta of 1.02. First Trust Growth Strength ETF has a fifty-two week low of $33.00 and a fifty-two week high of $40.12.

First Trust Growth Strength ETF Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Thursday, September 24th were issued a $0.0088 dividend. This represents a $0.04 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend was Thursday, September 24th.

About First Trust Growth Strength ETF

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.