Three Cord True Wealth Management LLC Takes $936,000 Position in First Trust SMID Growth Strength ETF $FSGS

Three Cord True Wealth Management LLC acquired a new position in shares of First Trust SMID Growth Strength ETF (NASDAQ:FSGS) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 31,570 shares of the company’s stock, valued at approximately $936,000. First Trust SMID Growth Strength ETF comprises 0.7% of Three Cord True Wealth Management LLC’s investment portfolio, making the stock its 13th largest holding. Three Cord True Wealth Management LLC owned 3.16% of First Trust SMID Growth Strength ETF at the end of the most recent quarter.

Separately, Private Trust Co. NA purchased a new stake in shares of First Trust SMID Growth Strength ETF in the 2nd quarter valued at approximately $60,000.

First Trust SMID Growth Strength ETF Price Performance

Shares of NASDAQ FSGS opened at $30.69 on Thursday. First Trust SMID Growth Strength ETF has a 1 year low of $24.39 and a 1 year high of $32.96. The company has a market capitalization of $30.69 million, a P/E ratio of 18.32 and a beta of 1.07. The company has a 50 day simple moving average of $31.19 and a 200-day simple moving average of $30.13.

First Trust SMID Growth Strength ETF Profile

The First Trust SMID Growth Strength ETF (FSGS) is an exchange-traded fund that is based on the SMID Growth Strength index. The fund tracks an index of small and midcap companies with a perceived strong balance sheet and financial performance. FSGS was launched on Jun 20, 2017 and is issued by First Trust.