GPS Wealth Strategies Group LLC Takes Position in First Trust Growth Strength ETF (NASDAQ:FTGS)

GPS Wealth Strategies Group LLC bought a new stake in First Trust Growth Strength ETF (NASDAQ:FTGS) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 1,318 shares of the company’s stock, valued at approximately $40,000.

Several other large investors have also recently added to or reduced their stakes in FTGS. Maia Wealth LLC acquired a new position in shares of First Trust Growth Strength ETF during the 2nd quarter valued at about $2,438,000. PCG Wealth Advisors LLC purchased a new stake in First Trust Growth Strength ETF in the second quarter valued at approximately $3,380,000. Park National Corp OH increased its position in First Trust Growth Strength ETF by 5.4% during the second quarter. Park National Corp OH now owns 309,714 shares of the company’s stock worth $9,449,000 after purchasing an additional 15,804 shares during the last quarter. DHJJ Financial Advisors Ltd. raised its stake in First Trust Growth Strength ETF by 276.2% during the second quarter. DHJJ Financial Advisors Ltd. now owns 14,641 shares of the company’s stock worth $447,000 after purchasing an additional 10,749 shares during the period. Finally, Albion Financial Group UT purchased a new position in First Trust Growth Strength ETF during the second quarter worth approximately $175,000.

First Trust Growth Strength ETF Stock Up 0.4 %

Shares of NASDAQ FTGS traded up $0.12 during trading on Wednesday, hitting $30.01. 102,841 shares of the company traded hands, compared to its average volume of 166,645. The firm has a market capitalization of $558.19 million, a P/E ratio of 20.80 and a beta of 1.11. The company has a 50-day moving average price of $30.41 and a 200-day moving average price of $29.92. First Trust Growth Strength ETF has a 1 year low of $22.69 and a 1 year high of $31.80.

First Trust Growth Strength ETF Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Thursday, June 27th were given a dividend of $0.0135 per share. This represents a $0.05 dividend on an annualized basis and a yield of 0.18%. The ex-dividend date was Thursday, June 27th.

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.