First Trust Growth Strength ETF $FTGS Shares Acquired by Cwm LLC

Cwm LLC increased its holdings in First Trust Growth Strength ETF (NASDAQ:FTGS) by 1.6% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,308,488 shares of the company’s stock after buying an additional 20,197 shares during the period. Cwm LLC owned about 3.71% of First Trust Growth Strength ETF worth $46,988,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Wealth Watch Advisors INC lifted its holdings in shares of First Trust Growth Strength ETF by 13.2% in the second quarter. Wealth Watch Advisors INC now owns 25,457 shares of the company’s stock valued at $870,000 after purchasing an additional 2,965 shares in the last quarter. International Assets Investment Management LLC increased its stake in shares of First Trust Growth Strength ETF by 5.2% during the 2nd quarter. International Assets Investment Management LLC now owns 22,116 shares of the company’s stock worth $756,000 after purchasing an additional 1,100 shares in the last quarter. Hobart Private Capital LLC raised its position in shares of First Trust Growth Strength ETF by 7.4% during the 3rd quarter. Hobart Private Capital LLC now owns 426,457 shares of the company’s stock worth $15,314,000 after purchasing an additional 29,268 shares during the last quarter. Centennial Wealth Advisory LLC raised its position in shares of First Trust Growth Strength ETF by 70.7% during the 2nd quarter. Centennial Wealth Advisory LLC now owns 72,133 shares of the company’s stock worth $2,466,000 after purchasing an additional 29,868 shares during the last quarter. Finally, Avantax Advisory Services Inc. lifted its stake in First Trust Growth Strength ETF by 14.8% in the 2nd quarter. Avantax Advisory Services Inc. now owns 196,643 shares of the company’s stock valued at $6,723,000 after buying an additional 25,343 shares in the last quarter.

First Trust Growth Strength ETF Stock Performance

Shares of NASDAQ:FTGS opened at $35.92 on Friday. The business’s fifty day moving average price is $35.36 and its two-hundred day moving average price is $35.08. The stock has a market cap of $1.26 billion, a PE ratio of 23.90 and a beta of 1.12. First Trust Growth Strength ETF has a one year low of $25.74 and a one year high of $36.65.

First Trust Growth Strength ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Friday, December 12th will be paid a dividend of $0.0055 per share. The ex-dividend date of this dividend is Friday, December 12th. This represents a $0.02 dividend on an annualized basis and a dividend yield of 0.1%.

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.