Centennial Wealth Advisory LLC Acquires 37,583 Shares of First Trust Growth Strength ETF $FTGS

Centennial Wealth Advisory LLC lifted its holdings in First Trust Growth Strength ETF (NASDAQ:FTGS) by 52.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 109,716 shares of the company’s stock after purchasing an additional 37,583 shares during the quarter. First Trust Growth Strength ETF accounts for about 1.1% of Centennial Wealth Advisory LLC’s investment portfolio, making the stock its 17th biggest holding. Centennial Wealth Advisory LLC’s holdings in First Trust Growth Strength ETF were worth $3,940,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Private Trust Co. NA increased its holdings in 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 in the last quarter. Salem Investment Counselors Inc. purchased a new stake in shares of First Trust Growth Strength ETF during the 3rd quarter valued at about $44,000. Fifth Third Bancorp grew its stake in shares of First Trust Growth Strength ETF by 138.8% in the second quarter. Fifth Third Bancorp now owns 2,185 shares of the company’s stock worth $75,000 after acquiring an additional 1,270 shares during the period. Ameritas Advisory Services LLC bought a new stake in shares of First Trust Growth Strength ETF in the second quarter worth approximately $128,000. Finally, tru Independence LLC purchased a new position in shares of First Trust Growth Strength ETF during the second quarter valued at approximately $205,000.

First Trust Growth Strength ETF Trading Down 0.1%

Shares of FTGS stock opened at $35.31 on Monday. First Trust Growth Strength ETF has a 12-month low of $25.74 and a 12-month high of $36.65. The stock has a market capitalization of $1.26 billion, a P/E ratio of 23.90 and a beta of 1.12. The firm’s 50 day moving average is $35.29 and its 200 day moving average is $35.21.

First Trust Growth Strength ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were paid a $0.0055 dividend. This represents a $0.02 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date was 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.