Herold Advisors Inc. Buys 4,194 Shares of First Trust Growth Strength ETF (NASDAQ:FTGS)

Herold Advisors Inc. grew its stake in First Trust Growth Strength ETF (NASDAQ:FTGS) by 17.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 28,152 shares of the company’s stock after acquiring an additional 4,194 shares during the quarter. Herold Advisors Inc.’s holdings in First Trust Growth Strength ETF were worth $767,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of FTGS. Park National Corp OH boosted its holdings in First Trust Growth Strength ETF by 24.7% in the fourth quarter. Park National Corp OH now owns 291,015 shares of the company’s stock worth $7,924,000 after purchasing an additional 57,592 shares during the last quarter. RiverTree Advisors LLC bought a new position in shares of First Trust Growth Strength ETF during the 4th quarter valued at $7,892,000. Commonwealth Equity Services LLC purchased a new position in shares of First Trust Growth Strength ETF in the 3rd quarter worth $2,798,000. Finally, Cambridge Investment Research Advisors Inc. grew its holdings in shares of First Trust Growth Strength ETF by 49.1% in the third quarter. Cambridge Investment Research Advisors Inc. now owns 97,970 shares of the company’s stock worth $2,329,000 after acquiring an additional 32,284 shares during the period.

First Trust Growth Strength ETF Price Performance

Shares of FTGS opened at $29.41 on Friday. First Trust Growth Strength ETF has a one year low of $21.10 and a one year high of $31.29. The firm has a market capitalization of $266.16 million, a P/E ratio of 18.75 and a beta of 1.11. The business has a fifty day moving average of $29.85 and a 200 day moving average of $27.43.

First Trust Growth Strength ETF Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 22nd were issued a $0.0209 dividend. This represents a $0.08 annualized dividend and a dividend yield of 0.28%. The ex-dividend date of this dividend was Thursday, March 21st.

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.