Creative Financial Designs Inc. ADV Sells 44,735 Shares of First Trust Growth Strength ETF (NASDAQ:FTGS)

Creative Financial Designs Inc. ADV decreased its stake in shares of First Trust Growth Strength ETF (NASDAQ:FTGS) by 66.4% during the 1st quarter, HoldingsChannel.com reports. The firm owned 22,609 shares of the company’s stock after selling 44,735 shares during the quarter. Creative Financial Designs Inc. ADV’s holdings in First Trust Growth Strength ETF were worth $673,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in FTGS. Wells Fargo & Company MN increased its stake in First Trust Growth Strength ETF by 465.2% in the fourth quarter. Wells Fargo & Company MN now owns 2,255 shares of the company’s stock valued at $71,000 after acquiring an additional 1,856 shares during the period. REAP Financial Group LLC grew its stake in First Trust Growth Strength ETF by 81.2% during the fourth quarter. REAP Financial Group LLC now owns 2,832 shares of the company’s stock worth $89,000 after buying an additional 1,269 shares during the last quarter. NBC Securities Inc. grew its stake in First Trust Growth Strength ETF by 152,750.0% during the first quarter. NBC Securities Inc. now owns 3,057 shares of the company’s stock worth $90,000 after buying an additional 3,055 shares during the last quarter. Tucker Asset Management LLC grew its stake in First Trust Growth Strength ETF by 34.1% during the fourth quarter. Tucker Asset Management LLC now owns 4,019 shares of the company’s stock worth $126,000 after buying an additional 1,021 shares during the last quarter. Finally, Synergy Investment Management LLC bought a new stake in First Trust Growth Strength ETF during the fourth quarter worth about $181,000.

First Trust Growth Strength ETF Trading Up 0.8%

Shares of First Trust Growth Strength ETF stock opened at $33.92 on Friday. The stock has a market capitalization of $1.07 billion, a price-to-earnings ratio of 19.17 and a beta of 1.11. First Trust Growth Strength ETF has a 1-year low of $25.74 and a 1-year high of $34.12. The firm’s 50-day moving average price is $32.17 and its two-hundred day moving average price is $31.40.

First Trust Growth Strength ETF Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Thursday, June 26th will be paid a dividend of $0.0036 per share. The ex-dividend date of this dividend is Thursday, June 26th. This represents a $0.01 annualized dividend and a dividend yield of 0.04%.

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.