First Trust Growth Strength ETF (NASDAQ:FTGS) Shares Acquired by Boyce & Associates Wealth Consulting Inc.

Boyce & Associates Wealth Consulting Inc. increased its stake in First Trust Growth Strength ETF (NASDAQ:FTGS) by 47.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 29,747 shares of the company’s stock after purchasing an additional 9,626 shares during the quarter. First Trust Growth Strength ETF makes up 1.0% of Boyce & Associates Wealth Consulting Inc.’s investment portfolio, making the stock its 20th largest holding. Boyce & Associates Wealth Consulting Inc.’s holdings in First Trust Growth Strength ETF were worth $929,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also made changes to their positions in the company. LPL Financial LLC boosted its holdings in shares of First Trust Growth Strength ETF by 360.2% during the second quarter. LPL Financial LLC now owns 1,787,857 shares of the company’s stock worth $54,548,000 after purchasing an additional 1,399,347 shares during the period. Cetera Investment Advisers grew its holdings in shares of First Trust Growth Strength ETF by 270.8% during the 2nd quarter. Cetera Investment Advisers now owns 663,671 shares of the company’s stock valued at $20,249,000 after acquiring an additional 484,672 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of First Trust Growth Strength ETF by 120.2% during the second quarter. Envestnet Asset Management Inc. now owns 612,216 shares of the company’s stock worth $18,679,000 after acquiring an additional 334,209 shares in the last quarter. Commonwealth Equity Services LLC boosted its position in First Trust Growth Strength ETF by 193.4% during the second quarter. Commonwealth Equity Services LLC now owns 425,939 shares of the company’s stock valued at $12,995,000 after purchasing an additional 280,746 shares during the last quarter. Finally, POM Investment Strategies LLC acquired a new position in First Trust Growth Strength ETF in the 2nd quarter worth about $7,229,000.

First Trust Growth Strength ETF Stock Performance

NASDAQ:FTGS opened at $31.36 on Wednesday. The company has a market capitalization of $738.53 million, a P/E ratio of 20.80 and a beta of 1.11. The stock’s 50 day moving average price is $30.55 and its 200 day moving average price is $30.34. First Trust Growth Strength ETF has a 52 week low of $22.69 and a 52 week high of $32.00.

First Trust Growth Strength ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were issued a $0.021 dividend. This is a positive change from First Trust Growth Strength ETF’s previous quarterly dividend of $0.01. This represents a $0.08 annualized dividend and a yield of 0.27%. The ex-dividend date of this dividend was Thursday, September 26th.

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.