Legacy Wealth Managment LLC ID Purchases 9,316 Shares of First Trust Growth Strength ETF $FTGS

Legacy Wealth Managment LLC ID grew its position in First Trust Growth Strength ETF (NASDAQ:FTGS) by 28.9% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 41,600 shares of the company’s stock after purchasing an additional 9,316 shares during the period. First Trust Growth Strength ETF comprises about 0.7% of Legacy Wealth Managment LLC ID’s portfolio, making the stock its 26th largest position. Legacy Wealth Managment LLC ID owned approximately 0.12% of First Trust Growth Strength ETF worth $1,422,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Fifth Third Bancorp increased its position in shares of 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 valued at $75,000 after buying an additional 1,270 shares in the last quarter. Ameritas Advisory Services LLC bought a new position in First Trust Growth Strength ETF during the second quarter worth about $128,000. tru Independence LLC acquired a new position in First Trust Growth Strength ETF in the second quarter valued at about $205,000. Stratos Wealth Partners LTD. bought a new stake in shares of First Trust Growth Strength ETF in the first quarter worth about $234,000. Finally, Daymark Wealth Partners LLC bought a new stake in shares of First Trust Growth Strength ETF in the second quarter worth about $271,000.

First Trust Growth Strength ETF Price Performance

NASDAQ FTGS opened at $34.93 on Friday. First Trust Growth Strength ETF has a one year low of $25.74 and a one year high of $36.65. The firm has a market cap of $1.23 billion, a P/E ratio of 23.90 and a beta of 1.12. The stock’s 50-day moving average is $35.88 and its 200-day moving average is $34.30.

First Trust Growth Strength ETF Increases Dividend

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

First Trust Growth Strength ETF Company 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.