Ergawealth Advisors Inc. Has $594,000 Stock Position in First Trust Growth Strength ETF (NASDAQ:FTGS)

Ergawealth Advisors Inc. raised its holdings in First Trust Growth Strength ETF (NASDAQ:FTGS) by 4.3% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 18,905 shares of the company’s stock after acquiring an additional 785 shares during the quarter. Ergawealth Advisors Inc. owned approximately 0.06% of First Trust Growth Strength ETF worth $594,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. NewEdge Wealth LLC increased its position in First Trust Growth Strength ETF by 71.5% in the 4th quarter. NewEdge Wealth LLC now owns 54,608 shares of the company’s stock valued at $1,715,000 after acquiring an additional 22,774 shares during the period. Bank of New York Mellon Corp increased its position in shares of First Trust Growth Strength ETF by 19.5% during the fourth quarter. Bank of New York Mellon Corp now owns 173,344 shares of the company’s stock worth $5,443,000 after buying an additional 28,336 shares during the period. IFP Advisors Inc increased its position in shares of First Trust Growth Strength ETF by 190.5% during the fourth quarter. IFP Advisors Inc now owns 112,659 shares of the company’s stock worth $3,537,000 after buying an additional 73,876 shares during the period. Sigma Planning Corp increased its position in shares of First Trust Growth Strength ETF by 17.5% during the fourth quarter. Sigma Planning Corp now owns 198,903 shares of the company’s stock worth $6,246,000 after buying an additional 29,614 shares during the period. Finally, Private Advisor Group LLC increased its position in shares of First Trust Growth Strength ETF by 10.0% during the fourth quarter. Private Advisor Group LLC now owns 337,660 shares of the company’s stock worth $10,603,000 after buying an additional 30,599 shares during the period.

First Trust Growth Strength ETF Stock Down 1.3 %

FTGS opened at $30.96 on Friday. First Trust Growth Strength ETF has a twelve month low of $28.31 and a twelve month high of $33.38. The company has a fifty day moving average of $32.09 and a 200-day moving average of $31.78. The stock has a market cap of $964.40 million, a PE ratio of 20.80 and a beta of 1.11.

First Trust Growth Strength ETF Announces Dividend

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