First Trust SMID Growth Strength ETF (NASDAQ:FSGS) Stock Price Up 1.1% – Should You Buy?

First Trust SMID Growth Strength ETF (NASDAQ:FSGS) shares were up 1.1% on Thursday . The stock traded as high as $32.43 and last traded at $32.41. 200 shares were traded during mid-day trading, a decline of 91% from the average session volume of 2,246 shares. The stock had previously closed at $32.05.

First Trust SMID Growth Strength ETF Stock Performance

The firm has a market cap of $30.79 million, a price-to-earnings ratio of 18.32 and a beta of 0.96. The business’s 50-day moving average is $31.21 and its 200-day moving average is $30.79.

First Trust SMID Growth Strength ETF Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were paid a dividend of $0.0102 per share. This represents a $0.04 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend was Thursday, June 25th.

Institutional Trading of First Trust SMID Growth Strength ETF

Hedge funds have recently modified their holdings of the company. Kestra Advisory Services LLC bought a new position in shares of First Trust SMID Growth Strength ETF in the fourth quarter valued at approximately $73,000. Osaic Holdings Inc. bought a new stake in First Trust SMID Growth Strength ETF during the 2nd quarter worth approximately $168,000. Western Wealth Management LLC grew its position in First Trust SMID Growth Strength ETF by 8.3% during the 4th quarter. Western Wealth Management LLC now owns 7,552 shares of the company’s stock worth $230,000 after acquiring an additional 577 shares during the last quarter. Citadel Advisors LLC grew its position in First Trust SMID Growth Strength ETF by 7.2% during the 3rd quarter. Citadel Advisors LLC now owns 35,319 shares of the company’s stock worth $1,103,000 after acquiring an additional 2,361 shares during the last quarter. Finally, Susquehanna International Group LLP increased its holdings in First Trust SMID Growth Strength ETF by 59.5% during the 3rd quarter. Susquehanna International Group LLP now owns 42,012 shares of the company’s stock valued at $1,312,000 after purchasing an additional 15,668 shares in the last quarter.

First Trust SMID Growth Strength ETF Company Profile

The First Trust SMID Growth Strength ETF (FSGS) is an exchange-traded fund that is based on the SMID Growth Strength index. The fund tracks an index of small and midcap companies with a perceived strong balance sheet and financial performance. FSGS was launched on Jun 20, 2017 and is issued by First Trust.