First Trust SMID Growth Strength ETF
FSGS
19 hedge funds and large institutions have $78.6M invested in First Trust SMID Growth Strength ETF in 2023 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 5 increasing their positions, 6 reducing their positions, and 1 closing their positions.
500% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 1
248% more capital invested
Capital invested by funds: $22.6M → $78.6M (+$56M)
36% more funds holding
Funds holding: 14 → 19 (+5)
0.48% less ownership
Funds ownership: 84.86% → 84.38% (-0.48%)
17% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAIM
Financial Advocates Investment Management
Olympia,
Washington
|
+$1.19M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$882K |
| 3 |
IGWM
ICA Group Wealth Management
Denver,
Colorado
|
+$111K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
+$59.2K |
| 5 |
M1FG
Mach-1 Financial Group
Rogers,
Arkansas
|
+$56.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIC
Archer Investment Corporation
Carmel,
Indiana
|
-$2.43M |
| 2 |
LPL Financial
San Diego,
California
|
-$312K |
| 3 |
PTC
Private Trust Company
Cleveland,
Ohio
|
-$16.2K |
| 4 |
IA
IFP Advisors
Tampa,
Florida
|
-$15K |
| 5 |
SOS
Silver Oak Securities
Jackson,
Tennessee
|
-$10.6K |
FSGS Hedge Fund Activity: Q1 2023 in Review
19 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in First Trust SMID Growth Strength ETF (FSGS) for Q1 2023, worth a combined $78.6M — up 248% from $22.6M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new FSGS positions and 1 closed out — a net gain of 5 holders — while 5 added to existing stakes and 6 trimmed.
The largest buyer was Financial Advocates Investment Management, opening a new position worth an estimated $1.19M. The largest seller was Archer Investment Corporation, cutting an estimated $2.43M.
- 19 institutional investors held First Trust SMID Growth Strength ETF (FSGS) as of Q1 2023, up from 14 in Q4 2022.
- Funds reported $78.6M of First Trust SMID Growth Strength ETF stock for Q1 2023, up 248% quarter-over-quarter.
- 6 funds opened new First Trust SMID Growth Strength ETF positions in Q1 2023 and 1 closed out, a net change of +5 holders.
- The largest First Trust SMID Growth Strength ETF buyer in Q1 2023 was Financial Advocates Investment Management, an estimated $1.19M added.
- The largest First Trust SMID Growth Strength ETF seller in Q1 2023 was Archer Investment Corporation, an estimated $2.43M sold.
Based on aggregated 13F filings for Q1 2023.