Legacy Wealth Managment LLC ID Has $1.42 Million Holdings in First Trust Growth Strength ETF $FTGS

Legacy Wealth Managment LLC ID raised its position in First Trust Growth Strength ETF (NASDAQ:FTGS) by 28.9% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 41,600 shares of the company’s stock after buying an additional 9,316 shares during the quarter. First Trust Growth Strength ETF accounts for 0.7% of Legacy Wealth Managment LLC ID’s holdings, making the stock its 26th biggest holding. Legacy Wealth Managment LLC ID’s holdings in First Trust Growth Strength ETF were worth $1,422,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of FTGS. International Assets Investment Management LLC boosted its stake in shares of First Trust Growth Strength ETF by 5.2% in the second quarter. International Assets Investment Management LLC now owns 22,116 shares of the company’s stock valued at $756,000 after buying an additional 1,100 shares during the period. Centennial Wealth Advisory LLC raised its holdings in First Trust Growth Strength ETF by 70.7% in the 2nd quarter. Centennial Wealth Advisory LLC now owns 72,133 shares of the company’s stock valued at $2,466,000 after acquiring an additional 29,868 shares in the last quarter. Boyce & Associates Wealth Consulting Inc. grew its holdings in shares of First Trust Growth Strength ETF by 15.3% during the 1st quarter. Boyce & Associates Wealth Consulting Inc. now owns 70,264 shares of the company’s stock worth $2,090,000 after purchasing an additional 9,316 shares in the last quarter. Gateway Wealth Partners LLC increased its position in shares of First Trust Growth Strength ETF by 74.2% in the first quarter. Gateway Wealth Partners LLC now owns 118,967 shares of the company’s stock worth $3,539,000 after purchasing an additional 50,692 shares during the period. Finally, FSB Premier Wealth Management Inc. increased its position in shares of First Trust Growth Strength ETF by 106.6% in the first quarter. FSB Premier Wealth Management Inc. now owns 29,834 shares of the company’s stock worth $888,000 after purchasing an additional 15,393 shares during the period.

First Trust Growth Strength ETF Stock Up 0.2%

Shares of First Trust Growth Strength ETF stock opened at $34.93 on Friday. The company has a market capitalization of $1.23 billion, a price-to-earnings ratio of 23.90 and a beta of 1.12. First Trust Growth Strength ETF has a 12-month low of $25.74 and a 12-month high of $36.65. The firm’s 50-day moving average price is $35.88 and its two-hundred day moving average price is $34.30.

First Trust Growth Strength ETF Increases Dividend

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

First Trust Growth Strength ETF Company 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.