Janney Montgomery Scott LLC Increases Stock Holdings in First Trust Growth Strength ETF (NASDAQ:FTGS)

Janney Montgomery Scott LLC increased its stake in First Trust Growth Strength ETF (NASDAQ:FTGS) by 73.5% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 124,861 shares of the company’s stock after acquiring an additional 52,905 shares during the quarter. Janney Montgomery Scott LLC owned approximately 0.43% of First Trust Growth Strength ETF worth $3,921,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Cetera Investment Advisers grew its position in shares of First Trust Growth Strength ETF by 270.8% in the second quarter. Cetera Investment Advisers now owns 663,671 shares of the company’s stock valued at $20,249,000 after purchasing an additional 484,672 shares during the period. CWM LLC boosted its holdings in First Trust Growth Strength ETF by 632.4% in the 3rd quarter. CWM LLC now owns 495,469 shares of the company’s stock worth $15,469,000 after buying an additional 427,822 shares during the last quarter. Prospera Financial Services Inc increased its stake in First Trust Growth Strength ETF by 13.3% during the 3rd quarter. Prospera Financial Services Inc now owns 436,275 shares of the company’s stock worth $13,620,000 after buying an additional 51,152 shares in the last quarter. ODonnell Financial Services LLC acquired a new position in shares of First Trust Growth Strength ETF during the third quarter valued at approximately $12,042,000. Finally, Mach 1 Financial Group LLC lifted its position in shares of First Trust Growth Strength ETF by 7.7% in the third quarter. Mach 1 Financial Group LLC now owns 346,531 shares of the company’s stock valued at $10,803,000 after acquiring an additional 24,797 shares in the last quarter.

First Trust Growth Strength ETF Price Performance

Shares of NASDAQ:FTGS opened at $32.89 on Friday. First Trust Growth Strength ETF has a 1 year low of $27.71 and a 1 year high of $33.38. The firm has a market capitalization of $1.01 billion, a PE ratio of 20.80 and a beta of 1.11. The business’s 50 day moving average price is $32.38 and its 200-day moving average price is $31.50.

First Trust Growth Strength ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were paid a dividend of $0.0662 per share. The ex-dividend date was Friday, December 13th.

First Trust Growth Strength ETF 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.