Bank of New York Mellon Corp Raises Stake in First Trust Growth Strength ETF (NASDAQ:FTGS)

Bank of New York Mellon Corp boosted its stake in shares of First Trust Growth Strength ETF (NASDAQ:FTGS) by 19.5% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 173,344 shares of the company’s stock after buying an additional 28,336 shares during the quarter. Bank of New York Mellon Corp’s holdings in First Trust Growth Strength ETF were worth $5,443,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in FTGS. Prospera Financial Services Inc boosted its stake in First Trust Growth Strength ETF by 13.3% in the third quarter. Prospera Financial Services Inc now owns 436,275 shares of the company’s stock valued at $13,620,000 after acquiring an additional 51,152 shares during the last quarter. ODonnell Financial Services LLC raised its holdings in shares of First Trust Growth Strength ETF by 9.4% in the 4th quarter. ODonnell Financial Services LLC now owns 422,023 shares of the company’s stock worth $13,003,000 after purchasing an additional 36,305 shares during the period. Private Advisor Group LLC lifted its stake in First Trust Growth Strength ETF by 10.0% in the fourth quarter. Private Advisor Group LLC now owns 337,660 shares of the company’s stock valued at $10,603,000 after purchasing an additional 30,599 shares during the last quarter. Atria Wealth Solutions Inc. grew its holdings in First Trust Growth Strength ETF by 3.7% during the fourth quarter. Atria Wealth Solutions Inc. now owns 260,090 shares of the company’s stock valued at $8,167,000 after purchasing an additional 9,184 shares during the period. Finally, POM Investment Strategies LLC increased its position in First Trust Growth Strength ETF by 2.7% in the fourth quarter. POM Investment Strategies LLC now owns 247,162 shares of the company’s stock worth $7,761,000 after buying an additional 6,490 shares during the last quarter.

First Trust Growth Strength ETF Price Performance

Shares of FTGS opened at $30.03 on Tuesday. First Trust Growth Strength ETF has a 1 year low of $28.31 and a 1 year high of $33.38. The stock’s fifty day moving average price is $31.69 and its two-hundred day moving average price is $31.74. The firm has a market cap of $935.43 million, a PE ratio of 19.23 and a beta of 1.11.

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.