Prospera Financial Services Inc Boosts Holdings in First Trust Growth Strength ETF (NASDAQ:FTGS)

Prospera Financial Services Inc grew its stake in shares of First Trust Growth Strength ETF (NASDAQ:FTGS) by 13.3% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 436,275 shares of the company’s stock after acquiring an additional 51,152 shares during the period. Prospera Financial Services Inc owned about 1.75% of First Trust Growth Strength ETF worth $13,620,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of the stock. LPL Financial LLC grew its stake in shares of First Trust Growth Strength ETF by 360.2% during the 2nd quarter. LPL Financial LLC now owns 1,787,857 shares of the company’s stock worth $54,548,000 after acquiring an additional 1,399,347 shares during the period. Cetera Investment Advisers raised its stake in shares of First Trust Growth Strength ETF by 270.8% during the 2nd quarter. Cetera Investment Advisers now owns 663,671 shares of the company’s stock valued at $20,249,000 after purchasing an additional 484,672 shares during the period. CWM LLC boosted its position in shares of First Trust Growth Strength ETF by 632.4% in the third quarter. CWM LLC now owns 495,469 shares of the company’s stock valued at $15,469,000 after acquiring an additional 427,822 shares during the period. ODonnell Financial Services LLC purchased a new stake in shares of First Trust Growth Strength ETF in the third quarter worth $12,042,000. Finally, Envestnet Asset Management Inc. grew its position in First Trust Growth Strength ETF by 120.2% during the second quarter. Envestnet Asset Management Inc. now owns 612,216 shares of the company’s stock worth $18,679,000 after buying an additional 334,209 shares in the last quarter.

First Trust Growth Strength ETF Stock Up 0.3 %

NASDAQ:FTGS opened at $32.32 on Tuesday. The stock has a market cap of $806.38 million, a P/E ratio of 20.80 and a beta of 1.11. The business’s 50-day moving average price is $31.46 and its two-hundred day moving average price is $30.74. First Trust Growth Strength ETF has a twelve month low of $25.16 and a twelve month high of $32.96.

First Trust Growth Strength ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were paid a $0.021 dividend. This is an increase from First Trust Growth Strength ETF’s previous quarterly dividend of $0.01. This represents a $0.08 dividend on an annualized basis and a yield of 0.26%. The ex-dividend date was Thursday, September 26th.

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.