Morey & Quinn Wealth Partners LLC Takes Position in First Trust Growth Strength ETF (NASDAQ:FTGS)

Morey & Quinn Wealth Partners LLC acquired a new position in shares of First Trust Growth Strength ETF (NASDAQ:FTGS) during the fourth quarter, Holdings Channel reports. The institutional investor acquired 9,060 shares of the company’s stock, valued at approximately $284,000.

A number of other hedge funds also recently bought and sold shares of the stock. FMR LLC grew its position in shares of First Trust Growth Strength ETF by 60.4% in the 3rd 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 last quarter. Kestra Investment Management LLC purchased a new stake in First Trust Growth Strength ETF in the 4th quarter valued at approximately $83,000. Synergy Investment Management LLC purchased a new position in shares of First Trust Growth Strength ETF in the 4th quarter valued at about $181,000. ORG Partners LLC acquired a new stake in shares of First Trust Growth Strength ETF in the 4th quarter worth approximately $188,000. Finally, Private Client Services LLC acquired a new position in shares of First Trust Growth Strength ETF during the 4th quarter worth $212,000.

First Trust Growth Strength ETF Stock Performance

Shares of NASDAQ:FTGS opened at $30.70 on Wednesday. First Trust Growth Strength ETF has a one year low of $28.31 and a one year high of $33.38. The stock has a market cap of $956.31 million, a PE ratio of 20.83 and a beta of 1.11. The business’s fifty day moving average price is $31.52 and its two-hundred day moving average price is $31.72.

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.