Centennial Wealth Advisory LLC Buys 91,927 Shares of First Trust Growth Strength ETF $FTGS

Centennial Wealth Advisory LLC grew its position in First Trust Growth Strength ETF (NASDAQ:FTGS) by 73.6% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 216,767 shares of the company’s stock after acquiring an additional 91,927 shares during the quarter. First Trust Growth Strength ETF accounts for about 1.8% of Centennial Wealth Advisory LLC’s holdings, making the stock its 16th largest position. Centennial Wealth Advisory LLC owned 0.64% of First Trust Growth Strength ETF worth $7,380,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the company. Jones Financial Companies Lllp lifted its position in First Trust Growth Strength ETF by 30,257.9% in the first quarter. Jones Financial Companies Lllp now owns 28,840 shares of the company’s stock worth $858,000 after purchasing an additional 28,745 shares during the period. Goldman Sachs Group Inc. bought a new stake in First Trust Growth Strength ETF in the 1st quarter valued at $1,009,000. Jane Street Group LLC raised its stake in shares of First Trust Growth Strength ETF by 249.0% in the 1st quarter. Jane Street Group LLC now owns 36,269 shares of the company’s stock valued at $1,079,000 after buying an additional 25,877 shares in the last quarter. NewEdge Advisors LLC raised its stake in shares of First Trust Growth Strength ETF by 0.9% in the 2nd quarter. NewEdge Advisors LLC now owns 193,833 shares of the company’s stock valued at $6,627,000 after buying an additional 1,734 shares in the last quarter. Finally, Betterment LLC lifted its holdings in shares of First Trust Growth Strength ETF by 150.9% during the 2nd quarter. Betterment LLC now owns 24,040 shares of the company’s stock worth $822,000 after acquiring an additional 14,459 shares during the period.

First Trust Growth Strength ETF Stock Performance

Shares of First Trust Growth Strength ETF stock opened at $36.49 on Wednesday. The firm’s 50-day simple moving average is $36.57 and its 200-day simple moving average is $35.85. First Trust Growth Strength ETF has a twelve month low of $33.00 and a twelve month high of $37.92. The firm has a market cap of $1.24 billion, a P/E ratio of 23.90 and a beta of 1.02.

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. FTGS was launched on Oct 25, 2022 and is managed by First Trust.