First Trust Growth Strength ETF $FTGS Shares Sold by Coppell Advisory Solutions LLC

Coppell Advisory Solutions LLC lessened its holdings in First Trust Growth Strength ETF (NASDAQ:FTGS) by 49.4% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 48,046 shares of the company’s stock after selling 46,912 shares during the period. Coppell Advisory Solutions LLC owned 0.14% of First Trust Growth Strength ETF worth $1,630,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of FTGS. Fifth Third Bancorp increased its stake in shares of First Trust Growth Strength ETF by 138.8% during the 2nd quarter. Fifth Third Bancorp now owns 2,185 shares of the company’s stock worth $75,000 after purchasing an additional 1,270 shares in the last quarter. Ameritas Advisory Services LLC acquired a new stake in First Trust Growth Strength ETF during the 2nd quarter valued at $128,000. tru Independence LLC acquired a new stake in First Trust Growth Strength ETF during the 2nd quarter valued at $205,000. Stonehaven Wealth & Tax Solutions LLC purchased a new position in First Trust Growth Strength ETF during the second quarter worth $249,000. Finally, Smith Moore & CO. acquired a new position in shares of First Trust Growth Strength ETF in the second quarter worth $261,000.

First Trust Growth Strength ETF Stock Down 1.1%

Shares of NASDAQ:FTGS opened at $35.57 on Friday. The company has a market capitalization of $1.25 billion, a P/E ratio of 23.90 and a beta of 1.12. First Trust Growth Strength ETF has a 52-week low of $25.74 and a 52-week high of $36.65. The stock’s fifty day simple moving average is $35.46 and its 200-day simple moving average is $34.93.

First Trust Growth Strength ETF Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th will be issued a $0.0055 dividend. This represents a $0.02 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date is Friday, December 12th.

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.