Comprehensive Financial Consultants Institutional Inc. Raises Holdings in First Trust Growth Strength ETF $FTGS

Comprehensive Financial Consultants Institutional Inc. grew its stake in shares of First Trust Growth Strength ETF (NASDAQ:FTGS) by 65.8% in the third quarter, HoldingsChannel.com reports. The firm owned 77,779 shares of the company’s stock after buying an additional 30,859 shares during the quarter. Comprehensive Financial Consultants Institutional Inc.’s holdings in First Trust Growth Strength ETF were worth $2,793,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of FTGS. Private Trust Co. NA grew its position in shares of First Trust Growth Strength ETF by 49.6% in the 3rd quarter. Private Trust Co. NA now owns 1,183 shares of the company’s stock worth $42,000 after buying an additional 392 shares during the last quarter. Salem Investment Counselors Inc. purchased a new stake in shares of First Trust Growth Strength ETF in the 3rd quarter worth about $44,000. Fifth Third Bancorp increased its stake in shares of First Trust Growth Strength ETF by 138.8% during the second quarter. Fifth Third Bancorp now owns 2,185 shares of the company’s stock valued at $75,000 after purchasing an additional 1,270 shares in the last quarter. Ameritas Advisory Services LLC bought a new position in First Trust Growth Strength ETF during the 2nd quarter valued at approximately $128,000. Finally, tru Independence LLC purchased a new position in shares of First Trust Growth Strength ETF in the 2nd quarter worth about $205,000.

First Trust Growth Strength ETF Stock Performance

Shares of NASDAQ FTGS opened at $35.94 on Friday. The company has a market cap of $1.27 billion, a PE 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 firm’s 50 day moving average price is $35.37 and its 200-day moving average price is $35.10.

First Trust Growth Strength ETF Cuts Dividend

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

About First Trust Growth Strength ETF

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.