First Trust Growth Strength ETF $FTGS Shares Sold by Kestra Advisory Services LLC

Kestra Advisory Services LLC decreased its holdings in First Trust Growth Strength ETF (NASDAQ:FTGS) by 57.8% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 230,796 shares of the company’s stock after selling 315,724 shares during the quarter. Kestra Advisory Services LLC owned 0.68% of First Trust Growth Strength ETF worth $7,858,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Rothschild Investment LLC acquired a new stake in shares of First Trust Growth Strength ETF during the 4th quarter valued at $28,000. Capital Investment Advisory Services LLC grew its holdings in shares of First Trust Growth Strength ETF by 6,214.3% in the 4th quarter. Capital Investment Advisory Services LLC now owns 884 shares of the company’s stock worth $31,000 after acquiring an additional 870 shares during the last quarter. Allworth Financial LP acquired a new position in shares of First Trust Growth Strength ETF in the 3rd quarter worth $32,000. Cullen Frost Bankers Inc. raised its position in shares of First Trust Growth Strength ETF by 58.9% during the fourth quarter. Cullen Frost Bankers Inc. now owns 1,039 shares of the company’s stock worth $37,000 after purchasing an additional 385 shares during the period. Finally, Smartleaf Asset Management LLC raised its position in shares of First Trust Growth Strength ETF by 100.5% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,111 shares of the company’s stock worth $40,000 after purchasing an additional 557 shares during the period.

First Trust Growth Strength ETF Stock Down 0.6%

Shares of NASDAQ FTGS opened at $37.82 on Tuesday. First Trust Growth Strength ETF has a 12 month low of $33.00 and a 12 month high of $38.41. The company has a market cap of $1.28 billion, a price-to-earnings ratio of 23.90 and a beta of 1.02. The business has a fifty day simple moving average of $36.92 and a 200-day simple moving average of $36.04.

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.