POM Investment Strategies LLC Has $7.76 Million Holdings in First Trust Growth Strength ETF (NASDAQ:FTGS)

POM Investment Strategies LLC lifted its holdings in First Trust Growth Strength ETF (NASDAQ:FTGS) by 2.7% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 247,162 shares of the company’s stock after purchasing an additional 6,490 shares during the period. First Trust Growth Strength ETF comprises approximately 5.8% of POM Investment Strategies LLC’s holdings, making the stock its 9th biggest position. POM Investment Strategies LLC owned approximately 0.81% of First Trust Growth Strength ETF worth $7,761,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Truist Financial Corp purchased a new position in First Trust Growth Strength ETF during the second quarter valued at $937,000. Concourse Financial Group Securities Inc. lifted its position in shares of First Trust Growth Strength ETF by 46.6% during the 3rd quarter. Concourse Financial Group Securities Inc. now owns 25,576 shares of the company’s stock valued at $798,000 after buying an additional 8,133 shares in the last quarter. Iams Wealth Management LLC lifted its position in shares of First Trust Growth Strength ETF by 91.4% during the 3rd quarter. Iams Wealth Management LLC now owns 99,184 shares of the company’s stock valued at $3,097,000 after buying an additional 47,353 shares in the last quarter. NBC Securities Inc. grew its stake in shares of First Trust Growth Strength ETF by 43.2% during the 3rd quarter. NBC Securities Inc. now owns 2,454 shares of the company’s stock valued at $76,000 after acquiring an additional 740 shares during the period. Finally, PCG Wealth Advisors LLC increased its holdings in First Trust Growth Strength ETF by 12.6% in the 3rd quarter. PCG Wealth Advisors LLC now owns 124,730 shares of the company’s stock worth $3,894,000 after acquiring an additional 13,957 shares in the last quarter.

First Trust Growth Strength ETF Price Performance

Shares of NASDAQ:FTGS opened at $32.50 on Tuesday. The company has a market capitalization of $1.01 billion, a P/E 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. The firm’s 50 day simple moving average is $32.30 and its two-hundred day simple moving average is $31.59.

First Trust Growth Strength ETF Announces Dividend

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were paid a dividend of $0.0662 per share. 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.