Kestra Private Wealth Services LLC Sells 49,197 Shares of First Trust Growth Strength ETF (NASDAQ:FTGS)

Kestra Private Wealth Services LLC lessened its holdings in First Trust Growth Strength ETF (NASDAQ:FTGS) by 20.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 190,192 shares of the company’s stock after selling 49,197 shares during the quarter. Kestra Private Wealth Services LLC owned 0.62% of First Trust Growth Strength ETF worth $5,972,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. FMR LLC increased its stake in shares of First Trust Growth Strength ETF by 60.4% in the third quarter. FMR LLC now owns 1,609 shares of the company’s stock valued at $50,000 after buying an additional 606 shares during the period. NBC Securities Inc. grew its holdings in shares of First Trust Growth Strength ETF by 43.2% during the third quarter. NBC Securities Inc. now owns 2,454 shares of the company’s stock valued at $76,000 after buying an additional 740 shares during the last quarter. ORG Partners LLC acquired a new position in First Trust Growth Strength ETF during the 4th quarter valued at about $188,000. J.W. Cole Advisors Inc. bought a new stake in First Trust Growth Strength ETF during the third quarter worth $207,000. Finally, Private Client Services LLC bought a new stake in shares of First Trust Growth Strength ETF in the 4th quarter worth $212,000.

First Trust Growth Strength ETF Stock Down 0.6 %

FTGS stock opened at $32.50 on Monday. The business has a 50 day moving average of $32.30 and a 200-day moving average of $31.58. The firm has a market cap of $1.01 billion, a PE ratio of 20.80 and a beta of 1.11. First Trust Growth Strength ETF has a 12-month low of $28.31 and a 12-month high of $33.38.

First Trust Growth Strength ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were issued a $0.0662 dividend. The ex-dividend date was Friday, December 13th.

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.