First Trust Growth Strength ETF (NASDAQ:FTGS – Get Free Report)’s share price reached a new 52-week high during trading on Tuesday . The company traded as high as $37.04 and last traded at $37.04, with a volume of 6842 shares. The stock had previously closed at $36.72.
First Trust Growth Strength ETF Price Performance
The firm has a market capitalization of $1.26 billion, a P/E ratio of 23.90 and a beta of 1.03. The company has a fifty day moving average of $35.56 and a 200 day moving average of $35.54.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently bought and sold shares of the stock. Root Financial Partners LLC acquired a new position in First Trust Growth Strength ETF during the third quarter worth $28,000. Rothschild Investment LLC purchased a new position in shares of First Trust Growth Strength ETF in the 4th quarter worth approximately $28,000. Capital Investment Advisory Services LLC boosted its stake in shares of First Trust Growth Strength ETF by 6,214.3% in the 4th quarter. Capital Investment Advisory Services LLC now owns 884 shares of the company’s stock worth $31,000 after buying an additional 870 shares during the last quarter. Allworth Financial LP bought a new position in shares of First Trust Growth Strength ETF in the third quarter valued at approximately $32,000. Finally, Cullen Frost Bankers Inc. increased its position in shares of First Trust Growth Strength ETF by 58.9% during the fourth quarter. Cullen Frost Bankers Inc. now owns 1,039 shares of the company’s stock valued at $37,000 after acquiring an additional 385 shares during 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.
Recommended Stories
- Five stocks we like better than First Trust Growth Strength ETF
- 3 Stocks Rallying on Micron’s Price Boost: Substance or Hype?
- Snowflake and the Snowballing Impact of its AI Flywheel
- AI’s Biggest Bottleneck Could Make These 2 Stocks Soar
- These 3 Beaten-Down Stocks Just Saw $25 Million in Insider Buying
Receive News & Ratings for First Trust Growth Strength ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Growth Strength ETF and related companies with MarketBeat.com's FREE daily email newsletter.
