16,274 First Trust Growth Strength ETF $FTGS Shares Bought by Signature Equity Partners LLC

Signature Equity Partners LLC increased its holdings in shares of First Trust Growth Strength ETF (NASDAQ:FTGS) by 1,704.1% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 17,229 shares of the company’s stock after acquiring an additional 16,274 shares during the period. Signature Equity Partners LLC’s holdings in First Trust Growth Strength ETF were worth $653,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Gateway Wealth Partners LLC raised its stake in First Trust Growth Strength ETF by 118.2% during the first quarter. Gateway Wealth Partners LLC now owns 168,521 shares of the company’s stock worth $5,737,000 after acquiring an additional 91,304 shares in the last quarter. Park National Corp OH bought a new position in shares of First Trust Growth Strength ETF during the third quarter valued at $13,728,000. Ameritas Advisory Services LLC acquired a new stake in shares of First Trust Growth Strength ETF in the 2nd quarter valued at $928,000. Avior Wealth Management LLC acquired a new stake in shares of First Trust Growth Strength ETF in the 3rd quarter valued at $4,287,000. Finally, Cetera Investment Advisers boosted its stake in shares of First Trust Growth Strength ETF by 3.2% in the 1st quarter. Cetera Investment Advisers now owns 1,490,187 shares of the company’s stock valued at $50,734,000 after purchasing an additional 46,709 shares in the last quarter.

First Trust Growth Strength ETF Stock Up 0.4%

Shares of First Trust Growth Strength ETF stock opened at $37.62 on Tuesday. First Trust Growth Strength ETF has a 12-month low of $33.00 and a 12-month high of $40.12. The stock has a market capitalization of $1.28 billion, a P/E ratio of 23.90 and a beta of 1.02. The company has a 50-day simple moving average of $38.36 and a 200 day simple moving average of $37.01.

First Trust Growth Strength ETF Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Thursday, September 24th were issued a $0.0088 dividend. This represents a $0.04 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend was Thursday, September 24th.

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