ORG Partners LLC Takes Position in First Trust Growth Strength ETF (NASDAQ:FTGS)

ORG Partners LLC purchased a new position in shares of First Trust Growth Strength ETF (NASDAQ:FTGS) during the fourth quarter, Holdings Channel reports. The institutional investor purchased 6,000 shares of the company’s stock, valued at approximately $188,000.

Several other hedge funds and other institutional investors have also bought and sold shares of FTGS. Bank of New York Mellon Corp increased its position in shares of First Trust Growth Strength ETF by 90.5% during the 2nd quarter. Bank of New York Mellon Corp now owns 87,972 shares of the company’s stock valued at $2,684,000 after purchasing an additional 41,785 shares during the last quarter. LPL Financial LLC increased its holdings in First Trust Growth Strength ETF by 360.2% during the second quarter. LPL Financial LLC now owns 1,787,857 shares of the company’s stock worth $54,548,000 after buying an additional 1,399,347 shares during the last quarter. Envestnet Asset Management Inc. raised its position in First Trust Growth Strength ETF by 120.2% in the second quarter. Envestnet Asset Management Inc. now owns 612,216 shares of the company’s stock worth $18,679,000 after acquiring an additional 334,209 shares during the period. ICA Group Wealth Management LLC boosted its stake in First Trust Growth Strength ETF by 14.6% in the second quarter. ICA Group Wealth Management LLC now owns 13,055 shares of the company’s stock valued at $398,000 after acquiring an additional 1,667 shares during the last quarter. Finally, Total Clarity Wealth Management Inc. bought a new position in shares of First Trust Growth Strength ETF during the 2nd quarter valued at approximately $251,000.

First Trust Growth Strength ETF Trading Down 1.6 %

NASDAQ:FTGS opened at $31.27 on Friday. First Trust Growth Strength ETF has a 12 month low of $26.71 and a 12 month high of $33.38. The firm’s 50 day moving average is $32.33 and its 200 day moving average is $31.34. The stock has a market capitalization of $916.21 million, 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. Stockholders of record on Friday, December 13th were given a dividend of $0.0662 per share. The ex-dividend date of this dividend was Friday, December 13th.

First Trust Growth Strength ETF 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.