First Trust Growth Strength ETF $FTGS Stake Raised by Signature Equity Partners LLC

Signature Equity Partners LLC increased its position in shares of First Trust Growth Strength ETF (NASDAQ:FTGS) by 1,704.1% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 17,229 shares of the company’s stock after buying an additional 16,274 shares during the quarter. Signature Equity Partners LLC owned 0.05% of First Trust Growth Strength ETF worth $653,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Vise Technologies Inc. increased its stake in First Trust Growth Strength ETF by 0.3% during the third quarter. Vise Technologies Inc. now owns 123,051 shares of the company’s stock valued at $4,666,000 after acquiring an additional 361 shares during the period. Geneos Wealth Management Inc. lifted its position in shares of First Trust Growth Strength ETF by 2.5% in the 1st quarter. Geneos Wealth Management Inc. now owns 22,480 shares of the company’s stock worth $765,000 after acquiring an additional 544 shares during the period. MGO One Seven LLC lifted its position in shares of First Trust Growth Strength ETF by 3.0% in the 3rd quarter. MGO One Seven LLC now owns 20,617 shares of the company’s stock worth $782,000 after acquiring an additional 607 shares during the period. Morey & Quinn Wealth Partners LLC lifted its position in shares of First Trust Growth Strength ETF by 2.3% in the 3rd quarter. Morey & Quinn Wealth Partners LLC now owns 27,836 shares of the company’s stock worth $1,056,000 after acquiring an additional 633 shares during the period. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors grew its holdings in shares of First Trust Growth Strength ETF by 9.8% during the 3rd quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 7,563 shares of the company’s stock worth $287,000 after purchasing an additional 675 shares in the last quarter.

First Trust Growth Strength ETF Trading Up 0.4%

Shares of NASDAQ:FTGS opened at $37.62 on Tuesday. The firm has a market capitalization of $1.28 billion, a PE ratio of 23.90 and a beta of 1.02. First Trust Growth Strength ETF has a 1-year low of $33.00 and a 1-year high of $40.12. The business’s 50 day moving average is $38.36 and its 200-day moving average is $37.01.

First Trust Growth Strength ETF Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Thursday, September 24th were given a $0.0088 dividend. This represents a $0.04 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend was Thursday, September 24th.

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. FTGS was launched on Oct 25, 2022 and is managed by First Trust.