First Trust Growth Strength ETF (NASDAQ:FTGS) Position Decreased by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC lowered its holdings in First Trust Growth Strength ETF (NASDAQ:FTGS) by 20.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 190,192 shares of the company’s stock after selling 49,197 shares during the period. Kestra Private Wealth Services LLC’s holdings in First Trust Growth Strength ETF were worth $5,972,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Hobart Private Capital LLC grew its position in First Trust Growth Strength ETF by 4.2% in the fourth quarter. Hobart Private Capital LLC now owns 200,125 shares of the company’s stock worth $6,284,000 after buying an additional 8,009 shares during the last quarter. Apollon Wealth Management LLC bought a new stake in shares of First Trust Growth Strength ETF during the 4th quarter worth $378,000. Golden State Wealth Management LLC acquired a new position in shares of First Trust Growth Strength ETF in the 4th quarter worth $1,143,000. Centennial Wealth Advisory LLC raised its position in shares of First Trust Growth Strength ETF by 45.4% during the fourth quarter. Centennial Wealth Advisory LLC now owns 18,672 shares of the company’s stock worth $586,000 after purchasing an additional 5,831 shares during the period. Finally, KPP Advisory Services LLC lifted its holdings in shares of First Trust Growth Strength ETF by 1.3% during the fourth quarter. KPP Advisory Services LLC now owns 189,719 shares of the company’s stock valued at $5,957,000 after purchasing an additional 2,368 shares during the last quarter.

First Trust Growth Strength ETF Stock Down 0.6 %

NASDAQ:FTGS opened at $32.50 on Monday. The stock has a fifty day simple moving average of $32.30 and a 200 day simple moving average of $31.58. The firm has a market capitalization of $1.01 billion, a price-to-earnings ratio of 20.80 and a beta of 1.11. First Trust Growth Strength ETF has a 1-year low of $28.31 and a 1-year high of $33.38.

First Trust Growth Strength ETF Announces Dividend

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were given a $0.0662 dividend. The ex-dividend date of this dividend was Friday, December 13th.

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.