First Trust Growth Strength ETF (NASDAQ:FTGS – Get Free Report) shares reached a new 52-week high on Monday . The stock traded as high as $39.87 and last traded at $39.82, with a volume of 1405 shares traded. The stock had previously closed at $39.44.
First Trust Growth Strength ETF Stock Down 0.2%
The company has a market cap of $1.35 billion, a P/E ratio of 23.90 and a beta of 1.01. The firm’s 50-day moving average price is $37.68 and its 200-day moving average price is $36.39.
Institutional Investors Weigh In On First Trust Growth Strength ETF
A number of hedge funds and other institutional investors have recently bought and sold shares of FTGS. Jones Financial Companies Lllp boosted its holdings in shares of First Trust Growth Strength ETF by 30,257.9% in the first quarter. Jones Financial Companies Lllp now owns 28,840 shares of the company’s stock worth $858,000 after acquiring an additional 28,745 shares during the period. Goldman Sachs Group Inc. bought a new stake in shares of First Trust Growth Strength ETF during the 1st quarter valued at $1,009,000. Jane Street Group LLC raised its stake in shares of First Trust Growth Strength ETF by 249.0% during the 1st quarter. Jane Street Group LLC now owns 36,269 shares of the company’s stock valued at $1,079,000 after purchasing an additional 25,877 shares during the period. NewEdge Advisors LLC lifted its holdings in First Trust Growth Strength ETF by 0.9% during the 2nd quarter. NewEdge Advisors LLC now owns 193,833 shares of the company’s stock worth $6,627,000 after purchasing an additional 1,734 shares in the last quarter. Finally, Betterment LLC lifted its holdings in First Trust Growth Strength ETF by 150.9% during the 2nd quarter. Betterment LLC now owns 24,040 shares of the company’s stock worth $822,000 after purchasing an additional 14,459 shares in the last quarter.
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.
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