Shares of First Trust Growth Strength ETF (NASDAQ:FTGS – Get Free Report) saw an uptick in trading volume on Thursday . 220,830 shares traded hands during trading, an increase of 63% from the previous session’s volume of 135,518 shares.The stock last traded at $39.41 and had previously closed at $39.55.
First Trust Growth Strength ETF Trading Up 0.8%
The company has a market capitalization of $1.34 billion, a PE ratio of 23.90 and a beta of 1.01. The firm’s 50-day simple moving average is $38.12 and its 200-day simple moving average is $36.57.
Institutional Trading of First Trust Growth Strength ETF
Several institutional investors and hedge funds have recently modified their holdings of FTGS. Orion Capital Management LLC bought a new position in First Trust Growth Strength ETF in the second quarter worth approximately $27,000. Rothschild Investment LLC purchased a new position in First Trust Growth Strength ETF during the 4th quarter worth $28,000. Allworth Financial LP bought a new stake in First Trust Growth Strength ETF during the 3rd quarter valued at $32,000. Cullen Frost Bankers Inc. raised its position in First Trust Growth Strength ETF by 58.9% during the 4th quarter. Cullen Frost Bankers Inc. now owns 1,039 shares of the company’s stock valued at $37,000 after purchasing an additional 385 shares in the last quarter. Finally, Smartleaf Asset Management LLC lifted its holdings in shares of First Trust Growth Strength ETF by 100.5% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,111 shares of the company’s stock worth $40,000 after buying an additional 557 shares during the period.
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. FTGS was launched on Oct 25, 2022 and is managed by First Trust.
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