PFG Advisors Has $1.40 Million Stake in First Trust Growth Strength ETF (NASDAQ:FTGS)

PFG Advisors boosted its position in shares of First Trust Growth Strength ETF (NASDAQ:FTGS) by 471.0% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 44,554 shares of the company’s stock after buying an additional 36,751 shares during the period. PFG Advisors owned approximately 0.14% of First Trust Growth Strength ETF worth $1,399,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of FTGS. Atria Investments Inc grew its stake in First Trust Growth Strength ETF by 58.4% during the third quarter. Atria Investments Inc now owns 104,622 shares of the company’s stock worth $3,266,000 after buying an additional 38,578 shares in the last quarter. Kapstone Financial Advisors LLC lifted its holdings in shares of First Trust Growth Strength ETF by 11.3% in the third quarter. Kapstone Financial Advisors LLC now owns 47,128 shares of the company’s stock worth $1,469,000 after acquiring an additional 4,795 shares during the last quarter. Prospera Financial Services Inc lifted its holdings in shares of 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 worth $13,620,000 after acquiring an additional 51,152 shares during the last quarter. Moors & Cabot Inc. lifted its holdings in shares of First Trust Growth Strength ETF by 50.9% in the third quarter. Moors & Cabot Inc. now owns 38,313 shares of the company’s stock worth $1,196,000 after acquiring an additional 12,917 shares during the last quarter. Finally, D.A. Davidson & CO. lifted its holdings in shares of First Trust Growth Strength ETF by 63.9% in the third quarter. D.A. Davidson & CO. now owns 17,889 shares of the company’s stock worth $558,000 after acquiring an additional 6,974 shares during the last quarter.

First Trust Growth Strength ETF Trading Down 1.9 %

FTGS stock opened at $28.87 on Friday. The stock has a market capitalization of $899.30 million, a P/E ratio of 19.23 and a beta of 1.11. 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 50-day moving average price of $31.77 and a 200-day moving average price of $31.74.

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.