Redhawk Wealth Advisors Inc. Purchases New Stake in First Trust Growth Strength ETF (NASDAQ:FTGS)

Redhawk Wealth Advisors Inc. acquired a new position in shares of First Trust Growth Strength ETF (NASDAQ:FTGS) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 11,600 shares of the company’s stock, valued at approximately $364,000.

Other institutional investors have also recently bought and sold shares of the company. Cetera Investment Advisers increased its position in shares of First Trust Growth Strength ETF by 270.8% during the second quarter. Cetera Investment Advisers now owns 663,671 shares of the company’s stock worth $20,249,000 after acquiring an additional 484,672 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in First Trust Growth Strength ETF by 120.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 612,216 shares of the company’s stock worth $18,679,000 after purchasing an additional 334,209 shares in the last quarter. CWM LLC raised its stake in shares of First Trust Growth Strength ETF by 632.4% in the third quarter. CWM LLC now owns 495,469 shares of the company’s stock worth $15,469,000 after purchasing an additional 427,822 shares during the last quarter. Prospera Financial Services Inc raised its stake in shares of 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 last quarter. Finally, ODonnell Financial Services LLC bought a new position in shares of First Trust Growth Strength ETF in the third quarter valued at approximately $12,042,000.

First Trust Growth Strength ETF Trading Up 0.8 %

NASDAQ FTGS opened at $32.37 on Friday. The business has a fifty day simple moving average of $32.33 and a 200 day simple moving average of $31.37. First Trust Growth Strength ETF has a 12 month low of $26.71 and a 12 month high of $33.38. The firm has a market capitalization of $950.06 million, a P/E ratio of 20.80 and a beta of 1.11.

First Trust Growth Strength ETF Dividend Announcement

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