Hobart Private Capital LLC Has $15.76 Million Stock Position in First Trust Growth Strength ETF $FTGS

Hobart Private Capital LLC boosted its stake in 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 Securities and Exchange Commission (SEC). The institutional investor owned 425,915 shares of the company’s stock after buying an additional 22,326 shares during the quarter. First Trust Growth Strength ETF makes up about 2.7% of Hobart Private Capital LLC’s investment portfolio, making the stock its 6th largest position. Hobart Private Capital LLC’s holdings in First Trust Growth Strength ETF were worth $15,760,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently bought and sold shares of the company. Jones Financial Companies Lllp lifted its holdings in shares of First Trust Growth Strength ETF by 30,257.9% during the first quarter. Jones Financial Companies Lllp now owns 28,840 shares of the company’s stock valued at $858,000 after acquiring an additional 28,745 shares during the period. Goldman Sachs Group Inc. acquired a new stake in shares of First Trust Growth Strength ETF during the first quarter worth approximately $1,009,000. Jane Street Group LLC grew its position in First Trust Growth Strength ETF by 249.0% during the 1st quarter. Jane Street Group LLC now owns 36,269 shares of the company’s stock worth $1,079,000 after acquiring an additional 25,877 shares during the last quarter. NewEdge Advisors LLC grew its position in First Trust Growth Strength ETF by 0.9% during the 2nd quarter. NewEdge Advisors LLC now owns 193,833 shares of the company’s stock worth $6,627,000 after acquiring an additional 1,734 shares during the last quarter. Finally, Betterment LLC increased its holdings in First Trust Growth Strength ETF by 150.9% during the 2nd quarter. Betterment LLC now owns 24,040 shares of the company’s stock valued at $822,000 after purchasing an additional 14,459 shares in the last quarter.

First Trust Growth Strength ETF Stock Performance

Shares of FTGS opened at $38.81 on Tuesday. The stock has a fifty day moving average price of $37.39 and a two-hundred day moving average price of $36.24. First Trust Growth Strength ETF has a 52-week low of $33.00 and a 52-week high of $38.87. The company has a market cap of $1.31 billion, a price-to-earnings ratio of 23.90 and a beta of 1.01.

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.