First Trust Growth Strength ETF (NASDAQ:FTGS) Stock Position Lifted by AE Wealth Management LLC

AE Wealth Management LLC lifted its stake in shares of First Trust Growth Strength ETF (NASDAQ:FTGS) by 109.9% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 68,365 shares of the company’s stock after purchasing an additional 35,799 shares during the quarter. AE Wealth Management LLC owned about 0.37% of First Trust Growth Strength ETF worth $2,086,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the stock. Pinnacle Bancorp Inc. bought a new stake in shares of First Trust Growth Strength ETF during the 1st quarter worth about $33,000. GPS Wealth Strategies Group LLC bought a new stake in First Trust Growth Strength ETF during the second quarter worth approximately $40,000. Benjamin Edwards Inc. acquired a new stake in First Trust Growth Strength ETF in the first quarter worth approximately $71,000. Albion Financial Group UT bought a new position in First Trust Growth Strength ETF during the 2nd quarter valued at $175,000. Finally, Total Clarity Wealth Management Inc. acquired a new position in shares of First Trust Growth Strength ETF during the 2nd quarter valued at $251,000.

First Trust Growth Strength ETF Stock Performance

FTGS opened at $31.29 on Tuesday. The company has a market capitalization of $581.99 million, a PE ratio of 20.80 and a beta of 1.11. The stock’s fifty day moving average is $30.44 and its 200-day moving average is $30.26. First Trust Growth Strength ETF has a one year low of $22.69 and a one year high of $32.00.

First Trust Growth Strength ETF Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Thursday, June 27th were given a $0.0135 dividend. This represents a $0.05 annualized dividend and a yield of 0.17%. The ex-dividend date was Thursday, June 27th.

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.