First Trust Growth Strength ETF (NASDAQ:FTGS) Shares Sold by RiverTree Advisors LLC

RiverTree Advisors LLC trimmed its holdings in First Trust Growth Strength ETF (NASDAQ:FTGS) by 5.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 252,428 shares of the company’s stock after selling 14,412 shares during the quarter. First Trust Growth Strength ETF comprises about 5.2% of RiverTree Advisors LLC’s portfolio, making the stock its 6th biggest position. RiverTree Advisors LLC owned approximately 0.86% of First Trust Growth Strength ETF worth $7,926,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in FTGS. Arkadios Wealth Advisors acquired a new position in shares of First Trust Growth Strength ETF during the 4th quarter valued at $382,000. Merit Financial Group LLC bought a new stake in First Trust Growth Strength ETF in the fourth quarter valued at $2,867,000. Redhawk Wealth Advisors Inc. acquired a new position in shares of First Trust Growth Strength ETF during the fourth quarter valued at about $364,000. Park Avenue Securities LLC boosted its position in shares of First Trust Growth Strength ETF by 52.8% during the 4th quarter. Park Avenue Securities LLC now owns 74,188 shares of the company’s stock worth $2,330,000 after purchasing an additional 25,625 shares in the last quarter. Finally, San Luis Wealth Advisors LLC grew its stake in shares of First Trust Growth Strength ETF by 0.5% in the 4th quarter. San Luis Wealth Advisors LLC now owns 154,784 shares of the company’s stock valued at $4,860,000 after buying an additional 776 shares during the period.

First Trust Growth Strength ETF Stock Performance

FTGS stock opened at $32.54 on Monday. The stock’s 50 day simple moving average is $32.32 and its 200 day simple moving average is $31.40. The company has a market cap of $972.95 million, a P/E ratio of 20.80 and a beta of 1.11. First Trust Growth Strength ETF has a fifty-two week low of $26.82 and a fifty-two week high of $33.38.

First Trust Growth Strength ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were issued a $0.0662 dividend. The ex-dividend date 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.