Integrated Wealth Concepts LLC Decreases Position in First Trust Growth Strength ETF (NASDAQ:FTGS)

Integrated Wealth Concepts LLC trimmed its position in First Trust Growth Strength ETF (NASDAQ:FTGS) by 11.5% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 220,405 shares of the company’s stock after selling 28,587 shares during the period. Integrated Wealth Concepts LLC owned about 0.88% of First Trust Growth Strength ETF worth $6,881,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. GPS Wealth Strategies Group LLC acquired a new stake in shares of First Trust Growth Strength ETF in the second quarter worth approximately $40,000. FMR LLC lifted its holdings in First Trust Growth Strength ETF by 60.4% in the 3rd quarter. FMR LLC now owns 1,609 shares of the company’s stock valued at $50,000 after purchasing an additional 606 shares in the last quarter. Pinnacle Bancorp Inc. boosted its stake in 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 worth $65,000 after purchasing an additional 1,005 shares during the last quarter. NBC Securities Inc. grew its holdings in shares of First Trust Growth Strength ETF by 43.2% during the third quarter. NBC Securities Inc. now owns 2,454 shares of the company’s stock worth $76,000 after buying an additional 740 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. acquired a new stake in shares of First Trust Growth Strength ETF in the second quarter valued at about $117,000.

First Trust Growth Strength ETF Trading Down 0.0 %

NASDAQ:FTGS opened at $33.21 on Wednesday. The company has a market cap of $828.59 million, a P/E ratio of 20.80 and a beta of 1.11. First Trust Growth Strength ETF has a twelve month low of $25.55 and a twelve month high of $33.38. The company’s 50-day moving average price is $32.00 and its 200-day moving average price is $31.01.

First Trust Growth Strength ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were paid a $0.021 dividend. This represents a $0.08 dividend on an annualized basis and a yield of 0.25%. This is a positive change from First Trust Growth Strength ETF’s previous quarterly dividend of $0.01. The ex-dividend date of this dividend was Thursday, September 26th.

About First Trust Growth Strength ETF

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.