Key Client Fiduciary Advisors LLC Makes New $4.98 Million Investment in First Trust Growth Strength ETF $FTGS

Key Client Fiduciary Advisors LLC bought a new stake in shares of First Trust Growth Strength ETF (NASDAQ:FTGS) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 140,936 shares of the company’s stock, valued at approximately $4,982,000. First Trust Growth Strength ETF comprises about 1.7% of Key Client Fiduciary Advisors LLC’s portfolio, making the stock its 14th biggest holding.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Root Financial Partners LLC purchased a new position in First Trust Growth Strength ETF in the 3rd quarter valued at $28,000. Capital Investment Advisory Services LLC grew its holdings in shares of First Trust Growth Strength ETF by 6,214.3% during the fourth quarter. Capital Investment Advisory Services LLC now owns 884 shares of the company’s stock worth $31,000 after buying an additional 870 shares in the last quarter. Allworth Financial LP acquired a new stake in shares of First Trust Growth Strength ETF in the third quarter valued at about $32,000. Private Trust Co. NA raised its position in shares of First Trust Growth Strength ETF by 49.6% in the third quarter. Private Trust Co. NA now owns 1,183 shares of the company’s stock valued at $42,000 after buying an additional 392 shares during the last quarter. Finally, Elevation Point Wealth Partners LLC purchased a new position in shares of First Trust Growth Strength ETF in the third quarter worth about $208,000.

First Trust Growth Strength ETF Trading Down 0.6%

FTGS opened at $36.56 on Wednesday. First Trust Growth Strength ETF has a twelve month low of $27.94 and a twelve month high of $37.04. The firm has a market capitalization of $1.24 billion, a PE ratio of 23.90 and a beta of 1.11. The firm’s 50-day moving average price is $35.18 and its 200 day moving average price is $35.49.

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.