KPP Advisory Services LLC Raises Position in First Trust Growth Strength ETF (NASDAQ:FTGS)

KPP Advisory Services LLC boosted its stake in First Trust Growth Strength ETF (NASDAQ:FTGS) by 2.2% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 193,805 shares of the company’s stock after buying an additional 4,086 shares during the quarter. First Trust Growth Strength ETF makes up approximately 1.1% of KPP Advisory Services LLC’s portfolio, making the stock its 24th largest holding. KPP Advisory Services LLC owned approximately 0.61% of First Trust Growth Strength ETF worth $5,766,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Wells Fargo & Company MN lifted its stake in First Trust Growth Strength ETF by 465.2% in the 4th quarter. Wells Fargo & Company MN now owns 2,255 shares of the company’s stock valued at $71,000 after buying an additional 1,856 shares in the last quarter. REAP Financial Group LLC lifted its stake in First Trust Growth Strength ETF by 81.2% in the 4th quarter. REAP Financial Group LLC now owns 2,832 shares of the company’s stock worth $89,000 after purchasing an additional 1,269 shares in the last quarter. NBC Securities Inc. lifted its stake in First Trust Growth Strength ETF by 152,750.0% in the 1st quarter. NBC Securities Inc. now owns 3,057 shares of the company’s stock worth $90,000 after purchasing an additional 3,055 shares in the last quarter. Tucker Asset Management LLC lifted its stake in First Trust Growth Strength ETF by 34.1% in the 4th quarter. Tucker Asset Management LLC now owns 4,019 shares of the company’s stock worth $126,000 after purchasing an additional 1,021 shares in the last quarter. Finally, Synergy Investment Management LLC purchased a new position in First Trust Growth Strength ETF in the 4th quarter worth approximately $181,000.

First Trust Growth Strength ETF Price Performance

FTGS opened at $33.44 on Thursday. The company’s 50 day simple moving average is $31.96 and its two-hundred day simple moving average is $31.39. First Trust Growth Strength ETF has a 1-year low of $25.74 and a 1-year high of $33.69. The firm has a market capitalization of $1.06 billion, a price-to-earnings ratio of 19.17 and a beta of 1.11.

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.