Impact Partnership Wealth LLC Has $412,000 Holdings in First Trust Growth Strength ETF $FTGS

Impact Partnership Wealth LLC lessened its position in shares of First Trust Growth Strength ETF (NASDAQ:FTGS) by 23.0% in the second quarter, according to its most recent filing with the SEC. The firm owned 12,064 shares of the company’s stock after selling 3,602 shares during the quarter. Impact Partnership Wealth LLC’s holdings in First Trust Growth Strength ETF were worth $412,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in FTGS. LPL Financial LLC increased its position in First Trust Growth Strength ETF by 14.5% during the 1st quarter. LPL Financial LLC now owns 4,364,579 shares of the company’s stock valued at $129,846,000 after purchasing an additional 551,873 shares during the period. D.A. Davidson & CO. increased its position in First Trust Growth Strength ETF by 881.2% during the 1st quarter. D.A. Davidson & CO. now owns 307,646 shares of the company’s stock valued at $9,152,000 after purchasing an additional 276,292 shares during the period. Commonwealth Equity Services LLC increased its position in First Trust Growth Strength ETF by 36.3% during the 1st quarter. Commonwealth Equity Services LLC now owns 966,121 shares of the company’s stock valued at $28,742,000 after purchasing an additional 257,082 shares during the period. Independent Advisor Alliance acquired a new stake in First Trust Growth Strength ETF during the 1st quarter valued at approximately $7,069,000. Finally, CWM LLC increased its position in First Trust Growth Strength ETF by 23.0% during the 1st quarter. CWM LLC now owns 1,243,950 shares of the company’s stock valued at $37,007,000 after purchasing an additional 232,668 shares during the period.

First Trust Growth Strength ETF Stock Performance

NASDAQ:FTGS opened at $35.70 on Friday. The company has a market capitalization of $1.26 billion, a PE ratio of 23.90 and a beta of 1.12. The company has a 50 day simple moving average of $35.86 and a two-hundred day simple moving average of $34.02. First Trust Growth Strength ETF has a fifty-two week low of $25.74 and a fifty-two week high of $36.65.

First Trust Growth Strength ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Thursday, September 25th were given a dividend of $0.0242 per share. This is a positive change from First Trust Growth Strength ETF’s previous quarterly dividend of $0.00. The ex-dividend date of this dividend was Thursday, September 25th. This represents a $0.10 annualized dividend and a dividend yield of 0.3%.

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.