ODonnell Financial Services LLC Acquires 36,305 Shares of First Trust Growth Strength ETF (NASDAQ:FTGS)

ODonnell Financial Services LLC increased its holdings in shares of First Trust Growth Strength ETF (NASDAQ:FTGS) by 9.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 422,023 shares of the company’s stock after purchasing an additional 36,305 shares during the period. First Trust Growth Strength ETF makes up about 5.8% of ODonnell Financial Services LLC’s holdings, making the stock its 8th biggest position. ODonnell Financial Services LLC’s holdings in First Trust Growth Strength ETF were worth $13,003,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the business. Cetera Investment Advisers grew its position 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 worth $20,249,000 after buying an additional 484,672 shares during the period. CWM LLC boosted its stake in First Trust Growth Strength ETF by 632.4% during the third quarter. CWM LLC now owns 495,469 shares of the company’s stock worth $15,469,000 after acquiring an additional 427,822 shares in the last quarter. Prospera Financial Services Inc grew its holdings in First Trust Growth Strength ETF by 13.3% in the third quarter. Prospera Financial Services Inc now owns 436,275 shares of the company’s stock worth $13,620,000 after purchasing an additional 51,152 shares during the period. Mach 1 Financial Group LLC increased its stake in First Trust Growth Strength ETF by 7.7% in the third quarter. Mach 1 Financial Group LLC now owns 346,531 shares of the company’s stock valued at $10,803,000 after purchasing an additional 24,797 shares in the last quarter. Finally, Raymond James & Associates raised its holdings in shares of First Trust Growth Strength ETF by 56.3% during the third quarter. Raymond James & Associates now owns 309,493 shares of the company’s stock valued at $9,662,000 after purchasing an additional 111,495 shares during the period.

First Trust Growth Strength ETF Price Performance

Shares of FTGS opened at $32.46 on Friday. First Trust Growth Strength ETF has a one year low of $27.71 and a one year high of $33.38. The company has a market cap of $996.52 million, a PE ratio of 20.80 and a beta of 1.11. The stock has a 50-day moving average of $32.39 and a 200-day moving average of $31.51.

First Trust Growth Strength ETF Announces Dividend

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

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.