Kestra Investment Management LLC Takes Position in First Trust Growth Strength ETF (NASDAQ:FTGS)

Kestra Investment Management LLC purchased a new stake in First Trust Growth Strength ETF (NASDAQ:FTGS) in the fourth quarter, according to its most recent filing with the SEC. The fund purchased 2,634 shares of the company’s stock, valued at approximately $83,000.

A number of other institutional investors have also made changes to their positions in FTGS. Raymond James & Associates boosted its position in First Trust Growth Strength ETF by 56.3% during the 3rd quarter. Raymond James & Associates now owns 309,493 shares of the company’s stock valued at $9,662,000 after purchasing an additional 111,495 shares during the period. Private Advisor Group LLC boosted its position in First Trust Growth Strength ETF by 86.8% during the 3rd quarter. Private Advisor Group LLC now owns 307,061 shares of the company’s stock valued at $9,586,000 after purchasing an additional 142,648 shares during the period. DHJJ Financial Advisors Ltd. boosted its position in First Trust Growth Strength ETF by 23.6% during the 3rd quarter. DHJJ Financial Advisors Ltd. now owns 18,094 shares of the company’s stock valued at $565,000 after purchasing an additional 3,453 shares during the period. Impact Partnership Wealth LLC acquired a new position in First Trust Growth Strength ETF during the 3rd quarter valued at approximately $280,000. Finally, Ergawealth Advisors Inc. boosted its position in First Trust Growth Strength ETF by 1.9% during the 3rd quarter. Ergawealth Advisors Inc. now owns 18,120 shares of the company’s stock valued at $566,000 after purchasing an additional 337 shares during the period.

First Trust Growth Strength ETF Price Performance

NASDAQ:FTGS opened at $32.08 on Friday. First Trust Growth Strength ETF has a 12-month low of $28.31 and a 12-month high of $33.38. The firm has a market capitalization of $999.14 million, a P/E ratio of 20.80 and a beta of 1.11. The business has a 50 day simple moving average of $32.17 and a 200 day simple moving average of $31.71.

First Trust Growth Strength ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were given a dividend of $0.0662 per share. The ex-dividend date of this dividend was Friday, December 13th.

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.