Clarity Capital Partners LLC Trims Stock Holdings in First Trust Growth Strength ETF $FTGS

Clarity Capital Partners LLC decreased its holdings in First Trust Growth Strength ETF (NASDAQ:FTGS) by 18.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,231 shares of the company’s stock after selling 2,137 shares during the period. Clarity Capital Partners LLC’s holdings in First Trust Growth Strength ETF were worth $316,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. NBC Securities Inc. boosted its position in shares of First Trust Growth Strength ETF by 152,750.0% in the first quarter. NBC Securities Inc. now owns 3,057 shares of the company’s stock valued at $90,000 after acquiring an additional 3,055 shares during the period. RFG Advisory LLC boosted its position in shares of First Trust Growth Strength ETF by 33.0% in the first quarter. RFG Advisory LLC now owns 26,420 shares of the company’s stock valued at $786,000 after acquiring an additional 6,557 shares during the period. Kapstone Financial Advisors LLC boosted its position in shares of First Trust Growth Strength ETF by 9.4% in the first quarter. Kapstone Financial Advisors LLC now owns 50,885 shares of the company’s stock valued at $1,514,000 after acquiring an additional 4,360 shares during the period. Farther Finance Advisors LLC bought a new position in shares of First Trust Growth Strength ETF in the first quarter valued at approximately $1,208,000. Finally, Tounjian Advisory Partners LLC bought a new position in shares of First Trust Growth Strength ETF in the first quarter valued at approximately $13,771,000.

First Trust Growth Strength ETF Trading Up 0.1%

FTGS stock opened at $36.26 on Friday. The firm has a 50 day moving average of $35.39 and a 200-day moving average of $33.06. First Trust Growth Strength ETF has a 12 month low of $25.74 and a 12 month high of $36.50. The firm has a market capitalization of $1.29 billion, a P/E ratio of 23.90 and a beta of 1.11.

First Trust Growth Strength ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Thursday, September 25th were given a $0.0242 dividend. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.3%. This is an increase from First Trust Growth Strength ETF’s previous quarterly dividend of $0.00. The ex-dividend date was Thursday, September 25th.

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.