American Institute for Advanced Investment Management LLP Decreases Stock Position in First Trust Growth Strength ETF (NASDAQ:FTGS)

American Institute for Advanced Investment Management LLP lowered its position in shares of First Trust Growth Strength ETF (NASDAQ:FTGS) by 5.9% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,775 shares of the company’s stock after selling 670 shares during the period. American Institute for Advanced Investment Management LLP’s holdings in First Trust Growth Strength ETF were worth $336,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. NBC Securities Inc. grew its stake in First Trust Growth Strength ETF by 43.2% during the 3rd quarter. NBC Securities Inc. now owns 2,454 shares of the company’s stock valued at $76,000 after purchasing an additional 740 shares in the last quarter. Pinnacle Bancorp Inc. boosted its stake in shares of First Trust Growth Strength ETF by 93.0% during the 3rd quarter. Pinnacle Bancorp Inc. now owns 2,086 shares of the company’s stock valued at $65,000 after buying an additional 1,005 shares during the last quarter. GPS Wealth Strategies Group LLC acquired a new stake in shares of First Trust Growth Strength ETF during the second quarter worth approximately $40,000. SignalPoint Asset Management LLC increased its stake in shares of First Trust Growth Strength ETF by 17.4% in the third quarter. SignalPoint Asset Management LLC now owns 10,061 shares of the company’s stock worth $314,000 after buying an additional 1,493 shares during the last quarter. Finally, ICA Group Wealth Management LLC raised its holdings 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 in the last quarter.

First Trust Growth Strength ETF Trading Up 0.1 %

FTGS stock traded up $0.02 during mid-day trading on Thursday, hitting $31.44. 27,981 shares of the company were exchanged, compared to its average volume of 176,518. The firm has a fifty day simple moving average of $31.07 and a 200 day simple moving average of $30.44. The company has a market capitalization of $767.14 million, a PE ratio of 20.80 and a beta of 1.11. First Trust Growth Strength ETF has a twelve month low of $22.69 and a twelve month high of $32.17.

First Trust Growth Strength ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were paid a dividend of $0.021 per share. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $0.08 annualized dividend and a yield of 0.27%. This is a boost from First Trust Growth Strength ETF’s previous quarterly dividend of $0.01.

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.