PCG Wealth Advisors LLC Grows Stock Holdings in First Trust Growth Strength ETF (NASDAQ:FTGS)

PCG Wealth Advisors LLC boosted its holdings in First Trust Growth Strength ETF (NASDAQ:FTGS) by 2.9% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 128,288 shares of the company’s stock after purchasing an additional 3,558 shares during the quarter. First Trust Growth Strength ETF makes up 1.5% of PCG Wealth Advisors LLC’s portfolio, making the stock its 18th largest position. PCG Wealth Advisors LLC’s holdings in First Trust Growth Strength ETF were worth $4,028,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. FMR LLC boosted 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 worth $50,000 after acquiring an additional 606 shares during the period. Pinnacle Bancorp Inc. boosted its stake in shares of First Trust Growth Strength ETF by 93.0% in the third quarter. Pinnacle Bancorp Inc. now owns 2,086 shares of the company’s stock worth $65,000 after acquiring an additional 1,005 shares during the period. NBC Securities Inc. boosted its stake in shares of First Trust Growth Strength ETF by 43.2% in the third quarter. NBC Securities Inc. now owns 2,454 shares of the company’s stock worth $76,000 after acquiring an additional 740 shares during the period. Northwestern Mutual Wealth Management Co. bought a new position in shares of First Trust Growth Strength ETF in the second quarter worth about $117,000. Finally, ORG Partners LLC bought a new position in shares of First Trust Growth Strength ETF in the fourth quarter worth about $188,000.

First Trust Growth Strength ETF Trading Down 0.3 %

Shares of First Trust Growth Strength ETF stock opened at $33.20 on Friday. The stock has a 50 day moving average of $32.36 and a 200 day moving average of $31.47. First Trust Growth Strength ETF has a 12 month low of $27.71 and a 12 month high of $33.38. 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 Dividend Announcement

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were paid a dividend of $0.0662 per share. The ex-dividend date was Friday, December 13th.

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.