Hobart Private Capital LLC Has $6.28 Million Position in First Trust Growth Strength ETF (NASDAQ:FTGS)

Hobart Private Capital LLC boosted its stake in First Trust Growth Strength ETF (NASDAQ:FTGS) by 4.2% in the fourth quarter, HoldingsChannel reports. The firm owned 200,125 shares of the company’s stock after buying an additional 8,009 shares during the period. First Trust Growth Strength ETF makes up about 1.6% of Hobart Private Capital LLC’s portfolio, making the stock its 20th largest position. Hobart Private Capital LLC’s holdings in First Trust Growth Strength ETF were worth $6,284,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Apollon Wealth Management LLC bought a new position in shares of First Trust Growth Strength ETF during the 4th quarter worth about $378,000. Golden State Wealth Management LLC acquired a new position in First Trust Growth Strength ETF during the 4th quarter worth approximately $1,143,000. Centennial Wealth Advisory LLC grew its stake in First Trust Growth Strength ETF by 45.4% in the fourth quarter. Centennial Wealth Advisory LLC now owns 18,672 shares of the company’s stock valued at $586,000 after acquiring an additional 5,831 shares during the period. KPP Advisory Services LLC increased its holdings in shares of First Trust Growth Strength ETF by 1.3% during the fourth quarter. KPP Advisory Services LLC now owns 189,719 shares of the company’s stock valued at $5,957,000 after acquiring an additional 2,368 shares in the last quarter. Finally, ODonnell Financial Services LLC raised its position in shares of First Trust Growth Strength ETF by 9.4% during the fourth quarter. ODonnell Financial Services LLC now owns 422,023 shares of the company’s stock worth $13,003,000 after purchasing an additional 36,305 shares during the period.

First Trust Growth Strength ETF Trading Down 0.6 %

NASDAQ FTGS opened at $32.50 on Friday. The company has a market cap of $1.01 billion, a P/E ratio of 20.80 and a beta of 1.11. The company has a fifty day simple moving average of $32.30 and a 200 day simple moving average of $31.57. First Trust Growth Strength ETF has a 12-month low of $28.31 and a 12-month high of $33.38.

First Trust Growth Strength ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were given a dividend of $0.0662 per share. The ex-dividend date was Friday, December 13th.

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.