MML Investors Services LLC Invests $2.59 Million in First Trust Growth Strength ETF (NASDAQ:FTGS)

MML Investors Services LLC bought a new stake in First Trust Growth Strength ETF (NASDAQ:FTGS) in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 82,958 shares of the company’s stock, valued at approximately $2,590,000. MML Investors Services LLC owned 0.33% of First Trust Growth Strength ETF as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the company. FMR LLC increased its stake in First Trust Growth Strength ETF by 60.4% in the third quarter. FMR LLC now owns 1,609 shares of the company’s stock valued at $50,000 after purchasing an additional 606 shares during the period. Pinnacle Bancorp Inc. grew its holdings in shares of First Trust Growth Strength ETF by 93.0% during the third quarter. Pinnacle Bancorp Inc. now owns 2,086 shares of the company’s stock worth $65,000 after buying 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 during the last quarter. Northwestern Mutual Wealth Management Co. acquired a new position in First Trust Growth Strength ETF in the 2nd quarter valued at about $117,000. Finally, Benjamin Edwards Inc. raised its stake in First Trust Growth Strength ETF by 82.5% during the 2nd quarter. Benjamin Edwards Inc. now owns 4,245 shares of the company’s stock valued at $130,000 after acquiring an additional 1,919 shares during the last quarter.

First Trust Growth Strength ETF Trading Down 0.5 %

First Trust Growth Strength ETF stock opened at $32.56 on Monday. The stock has a market capitalization of $812.37 million, a price-to-earnings ratio of 20.80 and a beta of 1.11. The stock has a 50 day moving average of $32.27 and a two-hundred day moving average of $31.15. First Trust Growth Strength ETF has a twelve month low of $26.41 and a twelve month high of $33.38.

First Trust Growth Strength ETF Announces Dividend

The business also recently declared a dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 13th will be issued a dividend of $0.0662 per share. The ex-dividend date of this dividend is 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.