First Trust SMID Growth Strength ETF (NASDAQ:FSGS – Get Free Report) saw a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 493 shares, a growth of 393.0% from the April 30th total of 100 shares. Based on an average daily volume of 1,338 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.1% of the company’s stock are short sold.
First Trust SMID Growth Strength ETF Price Performance
FSGS stock traded down $0.01 during trading on Thursday, hitting $30.85. 282 shares of the stock traded hands, compared to its average volume of 1,798. The firm’s 50 day moving average is $30.27 and its two-hundred day moving average is $30.58. The stock has a market cap of $29.31 million, a price-to-earnings ratio of 18.32 and a beta of 0.97. First Trust SMID Growth Strength ETF has a 1 year low of $28.35 and a 1 year high of $32.08.
Institutional Investors Weigh In On First Trust SMID Growth Strength ETF
A number of institutional investors and hedge funds have recently bought and sold shares of the company. Kestra Advisory Services LLC bought a new stake in First Trust SMID Growth Strength ETF during the 4th quarter valued at $73,000. Western Wealth Management LLC raised its position in First Trust SMID Growth Strength ETF by 8.3% during the 4th quarter. Western Wealth Management LLC now owns 7,552 shares of the company’s stock valued at $230,000 after purchasing an additional 577 shares in the last quarter. Susquehanna International Group LLP raised its position in First Trust SMID Growth Strength ETF by 59.5% during the 3rd quarter. Susquehanna International Group LLP now owns 42,012 shares of the company’s stock valued at $1,312,000 after purchasing an additional 15,668 shares in the last quarter. Citadel Advisors LLC raised its position in First Trust SMID Growth Strength ETF by 7.2% during the 3rd quarter. Citadel Advisors LLC now owns 35,319 shares of the company’s stock valued at $1,103,000 after purchasing an additional 2,361 shares in the last quarter. Finally, Osaic Holdings Inc. bought a new stake in First Trust SMID Growth Strength ETF during the 2nd quarter valued at $168,000.
First Trust SMID Growth Strength ETF Company Profile
The First Trust SMID Growth Strength ETF (FSGS) is an exchange-traded fund that is based on the SMID Growth Strength index. The fund tracks an index of small and midcap companies with a perceived strong balance sheet and financial performance. FSGS was launched on Jun 20, 2017 and is issued by First Trust.
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