Hobart Private Capital LLC Buys 8,009 Shares of First Trust Growth Strength ETF (NASDAQ:FTGS)

Hobart Private Capital LLC grew its stake in First Trust Growth Strength ETF (NASDAQ:FTGS) by 4.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 200,125 shares of the company’s stock after purchasing an additional 8,009 shares during the quarter. First Trust Growth Strength ETF makes up approximately 1.6% of Hobart Private Capital LLC’s investment portfolio, making the stock its 20th largest holding. Hobart Private Capital LLC owned approximately 0.65% of First Trust Growth Strength ETF worth $6,284,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the stock. Apollon Wealth Management LLC bought a new position in First Trust Growth Strength ETF in the 4th quarter valued at about $378,000. Golden State Wealth Management LLC bought a new stake in First Trust Growth Strength ETF in the 4th quarter valued at $1,143,000. Centennial Wealth Advisory LLC grew its holdings in First Trust Growth Strength ETF by 45.4% in the 4th quarter. Centennial Wealth Advisory LLC now owns 18,672 shares of the company’s stock valued at $586,000 after buying an additional 5,831 shares in the last quarter. KPP Advisory Services LLC grew its holdings in First Trust Growth Strength ETF by 1.3% in the 4th quarter. KPP Advisory Services LLC now owns 189,719 shares of the company’s stock valued at $5,957,000 after buying an additional 2,368 shares in the last quarter. Finally, ODonnell Financial Services LLC increased its position in First Trust Growth Strength ETF by 9.4% during the 4th quarter. ODonnell Financial Services LLC now owns 422,023 shares of the company’s stock worth $13,003,000 after buying an additional 36,305 shares during the period.

First Trust Growth Strength ETF Stock Performance

Shares of First Trust Growth Strength ETF stock opened at $32.50 on Friday. The firm has a 50-day moving average of $32.30 and a 200-day moving average of $31.57. First Trust Growth Strength ETF has a 52-week low of $28.31 and a 52-week high of $33.38. The stock has a market cap of $1.01 billion, a PE ratio of 20.80 and a beta of 1.11.

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 given a dividend of $0.0662 per share. 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.