First Trust Growth Strength ETF $FTGS Shares Sold by Citadel Advisors LLC

Citadel Advisors LLC decreased its stake in First Trust Growth Strength ETF (NASDAQ:FTGS) by 53.4% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 28,348 shares of the company’s stock after selling 32,549 shares during the quarter. Citadel Advisors LLC’s holdings in First Trust Growth Strength ETF were worth $1,049,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of FTGS. Cullen Frost Bankers Inc. raised its position in First Trust Growth Strength ETF by 58.9% during the fourth quarter. Cullen Frost Bankers Inc. now owns 1,039 shares of the company’s stock valued at $37,000 after acquiring an additional 385 shares in the last quarter. Ameriflex Group Inc. lifted its holdings in First Trust Growth Strength ETF by 78.8% in the fourth quarter. Ameriflex Group Inc. now owns 1,162 shares of the company’s stock valued at $41,000 after acquiring an additional 512 shares during the period. Geneos Wealth Management Inc. lifted its holdings in First Trust Growth Strength ETF by 2.5% in the first quarter. Geneos Wealth Management Inc. now owns 22,480 shares of the company’s stock valued at $765,000 after acquiring an additional 544 shares during the period. Smartleaf Asset Management LLC boosted its position in 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 purchasing an additional 557 shares in the last quarter. Finally, Integrity Alliance LLC. boosted its position in First Trust Growth Strength ETF by 7.5% in the 4th quarter. Integrity Alliance LLC. now owns 8,332 shares of the company’s stock worth $295,000 after purchasing an additional 579 shares in the last quarter.

First Trust Growth Strength ETF Price Performance

Shares of NASDAQ FTGS opened at $37.67 on Friday. The stock has a market capitalization of $1.27 billion, a price-to-earnings ratio of 23.90 and a beta of 1.01. The firm’s 50 day simple moving average is $38.65 and its 200-day simple moving average is $36.91. First Trust Growth Strength ETF has a 12 month low of $33.00 and a 12 month high of $40.12.

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.