Vise Technologies Inc. Acquires 23,564 Shares of First Trust Growth Strength ETF $FTGS

Vise Technologies Inc. grew its position in First Trust Growth Strength ETF (NASDAQ:FTGS) by 30.5% in the fourth quarter, HoldingsChannel.com reports. The fund owned 100,894 shares of the company’s stock after buying an additional 23,564 shares during the quarter. Vise Technologies Inc.’s holdings in First Trust Growth Strength ETF were worth $3,567,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Calton & Associates Inc. bought a new position in shares of First Trust Growth Strength ETF in the third quarter valued at approximately $661,000. Centennial Wealth Advisory LLC raised its stake in shares of First Trust Growth Strength ETF by 13.8% in the fourth quarter. Centennial Wealth Advisory LLC now owns 124,840 shares of the company’s stock valued at $4,413,000 after acquiring an additional 15,124 shares during the last quarter. Independent Advisor Alliance raised its stake in shares of 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 valued at $16,271,000 after acquiring an additional 39,578 shares during the last quarter. Assetmark Inc. raised its stake in shares of First Trust Growth Strength ETF by 5.9% in the fourth quarter. Assetmark Inc. now owns 354,154 shares of the company’s stock valued at $12,520,000 after acquiring an additional 19,842 shares during the last quarter. Finally, Key Client Fiduciary Advisors LLC bought a new position in shares of First Trust Growth Strength ETF in the fourth quarter valued at approximately $4,982,000.

First Trust Growth Strength ETF Trading Down 1.7%

NASDAQ:FTGS opened at $36.71 on Friday. First Trust Growth Strength ETF has a 1 year low of $32.41 and a 1 year high of $37.92. The firm has a 50 day moving average of $35.96 and a 200-day moving average of $35.65. The stock has a market capitalization of $1.25 billion, a P/E ratio of 23.90 and a beta of 1.02.

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.