Centennial Wealth Advisory LLC Has $7.38 Million Stake in First Trust Growth Strength ETF $FTGS

Centennial Wealth Advisory LLC raised its stake in First Trust Growth Strength ETF (NASDAQ:FTGS) by 73.6% during the first quarter, HoldingsChannel.com reports. The fund owned 216,767 shares of the company’s stock after acquiring an additional 91,927 shares during the quarter. First Trust Growth Strength ETF accounts for about 1.8% of Centennial Wealth Advisory LLC’s holdings, making the stock its 16th largest position. Centennial Wealth Advisory LLC’s holdings in First Trust Growth Strength ETF were worth $7,380,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of FTGS. Rothschild Investment LLC bought a new position in shares of First Trust Growth Strength ETF during the fourth quarter valued at $28,000. Capital Investment Advisory Services LLC grew its holdings in shares of First Trust Growth Strength ETF by 6,214.3% in the 4th quarter. Capital Investment Advisory Services LLC now owns 884 shares of the company’s stock worth $31,000 after purchasing an additional 870 shares during the last quarter. Allworth Financial LP bought a new stake in shares of First Trust Growth Strength ETF in the 3rd quarter worth about $32,000. Cullen Frost Bankers Inc. increased its position in shares of First Trust Growth Strength ETF by 58.9% during the 4th quarter. Cullen Frost Bankers Inc. now owns 1,039 shares of the company’s stock worth $37,000 after purchasing an additional 385 shares in the last quarter. Finally, Smartleaf Asset Management LLC lifted its holdings in First Trust Growth Strength ETF by 100.5% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,111 shares of the company’s stock valued at $40,000 after purchasing an additional 557 shares during the last quarter.

First Trust Growth Strength ETF Stock Down 0.7%

Shares of FTGS stock opened at $36.49 on Wednesday. The company has a market capitalization of $1.24 billion, a P/E ratio of 23.90 and a beta of 1.02. First Trust Growth Strength ETF has a 12-month low of $33.00 and a 12-month high of $37.92. The firm has a 50-day moving average price of $36.57 and a 200 day moving average price of $35.85.

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. FTGS was launched on Oct 25, 2022 and is managed by First Trust.