First Trust Growth Strength ETF $FTGS Shares Acquired by ODonnell Financial Services LLC

ODonnell Financial Services LLC increased its position in First Trust Growth Strength ETF (NASDAQ:FTGS) by 0.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 489,668 shares of the company’s stock after acquiring an additional 3,559 shares during the quarter. First Trust Growth Strength ETF comprises about 6.4% of ODonnell Financial Services LLC’s investment portfolio, making the stock its 4th biggest position. ODonnell Financial Services LLC owned about 1.44% of First Trust Growth Strength ETF worth $16,742,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Fifth Third Bancorp raised its holdings in First Trust Growth Strength ETF by 138.8% in the 2nd quarter. Fifth Third Bancorp now owns 2,185 shares of the company’s stock worth $75,000 after acquiring an additional 1,270 shares during the period. Rossby Financial LCC bought a new position in First Trust Growth Strength ETF in the 1st quarter worth $78,000. Ameritas Advisory Services LLC bought a new position in First Trust Growth Strength ETF in the 2nd quarter worth $128,000. Albion Financial Group UT raised its holdings in First Trust Growth Strength ETF by 330.2% in the 1st quarter. Albion Financial Group UT now owns 5,735 shares of the company’s stock worth $171,000 after acquiring an additional 4,402 shares during the period. Finally, tru Independence LLC bought a new position in First Trust Growth Strength ETF in the 2nd quarter worth $205,000.

First Trust Growth Strength ETF Price Performance

Shares of FTGS opened at $35.84 on Monday. The company has a market capitalization of $1.27 billion, a PE ratio of 23.90 and a beta of 1.11. First Trust Growth Strength ETF has a one year low of $25.74 and a one year high of $36.57. The company’s fifty day moving average price is $35.61 and its 200 day moving average price is $33.53.

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 issued a dividend of $0.0242 per share. This represents a $0.10 annualized dividend and a dividend yield of 0.3%. The ex-dividend date was Thursday, September 25th. This is a positive change from First Trust Growth Strength ETF’s previous quarterly dividend of $0.00.

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.