Moors & Cabot Inc. Purchases Shares of 25,396 First Trust Growth Strength ETF (NASDAQ:FTGS)

Moors & Cabot Inc. acquired a new position in First Trust Growth Strength ETF (NASDAQ:FTGS) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 25,396 shares of the company’s stock, valued at approximately $775,000. Moors & Cabot Inc. owned approximately 0.14% of First Trust Growth Strength ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Cetera Advisors LLC bought a new stake in First Trust Growth Strength ETF in the first quarter worth approximately $1,123,000. Cambridge Investment Research Advisors Inc. increased its stake in shares of First Trust Growth Strength ETF by 15.4% in the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 113,015 shares of the company’s stock valued at $3,077,000 after acquiring an additional 15,045 shares in the last quarter. Park National Corp OH lifted its position in shares of First Trust Growth Strength ETF by 1.0% during the 1st quarter. Park National Corp OH now owns 293,910 shares of the company’s stock valued at $9,026,000 after acquiring an additional 2,895 shares during the period. Atria Wealth Solutions Inc. boosted its stake in First Trust Growth Strength ETF by 80.0% during the second quarter. Atria Wealth Solutions Inc. now owns 38,432 shares of the company’s stock worth $1,173,000 after acquiring an additional 17,075 shares in the last quarter. Finally, Total Clarity Wealth Management Inc. acquired a new stake in First Trust Growth Strength ETF in the second quarter worth $251,000.

First Trust Growth Strength ETF Trading Down 0.6 %

FTGS opened at $30.73 on Thursday. The company has a market cap of $571.58 million, a P/E ratio of 20.80 and a beta of 1.11. The company has a fifty day moving average price of $30.43 and a two-hundred day moving average price of $30.22. First Trust Growth Strength ETF has a 1-year low of $22.69 and a 1-year high of $32.00.

First Trust Growth Strength ETF Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Thursday, June 27th were paid a $0.0135 dividend. The ex-dividend date of this dividend was Thursday, June 27th. This represents a $0.05 annualized dividend and a dividend yield of 0.18%.

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.