First Trust Growth Strength ETF $FTGS Stock Holdings Raised by LPL Financial LLC

by · The Cerbat Gem

LPL Financial LLC raised its stake in First Trust Growth Strength ETF (NASDAQ:FTGS – Free Report) by 2.7% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 5,380,375 shares of the company’s stock after purchasing an additional 141,697 shares during the period. LPL Financial LLC owned 15.22% of First Trust Growth Strength ETF worth $190,200,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of FTGS. Jones Financial Companies Lllp increased its position in shares of First Trust Growth Strength ETF by 30,257.9% in the 1st quarter. Jones Financial Companies Lllp now owns 28,840 shares of the company’s stock worth $858,000 after purchasing an additional 28,745 shares during the last quarter. Goldman Sachs Group Inc. bought a new stake in shares of First Trust Growth Strength ETF during the 1st quarter valued at about $1,009,000. Jane Street Group LLC grew its position in shares of First Trust Growth Strength ETF by 249.0% during the 1st quarter. Jane Street Group LLC now owns 36,269 shares of the company’s stock valued at $1,079,000 after buying an additional 25,877 shares during the last quarter. NewEdge Advisors LLC grew its position in shares of First Trust Growth Strength ETF by 0.9% during the 2nd quarter. NewEdge Advisors LLC now owns 193,833 shares of the company’s stock valued at $6,627,000 after buying an additional 1,734 shares during the last quarter. Finally, Betterment LLC grew its position in shares of First Trust Growth Strength ETF by 150.9% during the 2nd quarter. Betterment LLC now owns 24,040 shares of the company’s stock valued at $822,000 after buying an additional 14,459 shares during the last quarter.

First Trust Growth Strength ETF Stock Up 0.3%

Shares of NASDAQ:FTGS opened at $36.90 on Wednesday. First Trust Growth Strength ETF has a fifty-two week low of $32.41 and a fifty-two week high of $37.92. The firm has a 50-day simple moving average of $36.09 and a 200 day simple moving average of $35.69. The company has a market cap of $1.25 billion, a PE ratio of 23.90 and a beta of 1.02.

First Trust Growth Strength ETF Company Profile

(Free Report)

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. FTGS was launched on Oct 25, 2022 and is managed by First Trust.

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