Centennial Wealth Advisory LLC Purchases New Position in First Trust Growth Strength ETF (NASDAQ:FTGS)

Centennial Wealth Advisory LLC purchased a new stake in First Trust Growth Strength ETF (NASDAQ:FTGS) in the third quarter, Holdings Channel reports. The firm purchased 12,841 shares of the company’s stock, valued at approximately $401,000.

A number of other large investors have also recently modified their holdings of FTGS. LPL Financial LLC increased its position in shares of 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 purchasing an additional 1,399,347 shares in the last quarter. Cetera Investment Advisers increased its position in shares of First Trust Growth Strength ETF by 270.8% in the 2nd quarter. Cetera Investment Advisers now owns 663,671 shares of the company’s stock valued at $20,249,000 after acquiring an additional 484,672 shares during the period. Envestnet Asset Management Inc. increased its position in shares of First Trust Growth Strength ETF by 120.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 612,216 shares of the company’s stock valued at $18,679,000 after acquiring an additional 334,209 shares during the period. CWM LLC increased its position in shares of First Trust Growth Strength ETF by 632.4% in the 3rd quarter. CWM LLC now owns 495,469 shares of the company’s stock valued at $15,469,000 after acquiring an additional 427,822 shares during the period. Finally, Commonwealth Equity Services LLC increased its position in shares of First Trust Growth Strength ETF by 193.4% in the 2nd quarter. Commonwealth Equity Services LLC now owns 425,939 shares of the company’s stock valued at $12,995,000 after acquiring an additional 280,746 shares during the period.

First Trust Growth Strength ETF Stock Performance

Shares of NASDAQ FTGS traded up $0.83 during mid-day trading on Wednesday, hitting $32.21. The stock had a trading volume of 1,687 shares, compared to its average volume of 176,429. The company has a 50 day moving average of $31.13 and a two-hundred day moving average of $30.54. First Trust Growth Strength ETF has a twelve month low of $24.04 and a twelve month high of $32.23. The firm has a market cap of $803.64 million, a PE ratio of 20.80 and a beta of 1.11.

First Trust Growth Strength ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were paid a dividend of $0.021 per share. This is a positive change from First Trust Growth Strength ETF’s previous quarterly dividend of $0.01. This represents a $0.08 annualized dividend and a dividend yield of 0.26%. The ex-dividend date was Thursday, September 26th.

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.