RFG Advisory LLC Has $927,000 Stock Holdings in First Trust Growth Strength ETF $FTGS

RFG Advisory LLC raised its position in First Trust Growth Strength ETF (NASDAQ:FTGS) by 2.6% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,105 shares of the company’s stock after buying an additional 685 shares during the quarter. RFG Advisory LLC’s holdings in First Trust Growth Strength ETF were worth $927,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in FTGS. Fifth Third Bancorp grew its holdings in 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. Rossby Financial LCC bought a new stake in shares of First Trust Growth Strength ETF during the 1st quarter valued at $78,000. Ameritas Advisory Services LLC bought a new stake in shares of First Trust Growth Strength ETF during the 2nd quarter valued at $128,000. Albion Financial Group UT lifted its position in shares of First Trust Growth Strength ETF by 330.2% during the 1st quarter. Albion Financial Group UT now owns 5,735 shares of the company’s stock valued at $171,000 after acquiring an additional 4,402 shares during the period. Finally, tru Independence LLC bought a new stake in shares of First Trust Growth Strength ETF during the 2nd quarter valued at $205,000.

First Trust Growth Strength ETF Stock Performance

NASDAQ:FTGS opened at $35.76 on Friday. The stock has a fifty day moving average price of $35.59 and a 200-day moving average price of $33.43. The company has a market cap of $1.26 billion, a price-to-earnings ratio of 23.90 and a beta of 1.11. First Trust Growth Strength ETF has a fifty-two week low of $25.74 and a fifty-two week high of $36.57.

First Trust Growth Strength ETF Increases Dividend

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

First Trust Growth Strength ETF 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.