Solano Wealth Management Inc. Raises Holdings in First Trust Capital Strength ETF (NASDAQ:FTCS)

Solano Wealth Management Inc. raised its holdings in First Trust Capital Strength ETF (NASDAQ:FTCS) by 2.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 237,471 shares of the company’s stock after purchasing an additional 5,877 shares during the quarter. First Trust Capital Strength ETF accounts for 11.5% of Solano Wealth Management Inc.’s investment portfolio, making the stock its 2nd largest position. Solano Wealth Management Inc. owned approximately 0.22% of First Trust Capital Strength ETF worth $19,007,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the business. CENTRAL TRUST Co purchased a new stake in shares of First Trust Capital Strength ETF during the 3rd quarter worth approximately $26,000. Hexagon Capital Partners LLC purchased a new stake in First Trust Capital Strength ETF in the fourth quarter worth $44,000. Anchor Investment Management LLC purchased a new stake in First Trust Capital Strength ETF in the fourth quarter worth $64,000. Criterion Capital Advisors LLC bought a new stake in shares of First Trust Capital Strength ETF in the fourth quarter valued at $73,000. Finally, Tucker Asset Management LLC lifted its position in shares of First Trust Capital Strength ETF by 43.6% during the 3rd quarter. Tucker Asset Management LLC now owns 952 shares of the company’s stock valued at $70,000 after buying an additional 289 shares during the last quarter.

First Trust Capital Strength ETF Stock Up 0.7 %

FTCS traded up $0.59 during trading hours on Friday, hitting $82.34. The stock had a trading volume of 358,873 shares, compared to its average volume of 344,558. First Trust Capital Strength ETF has a 1 year low of $70.91 and a 1 year high of $85.89. The company’s fifty day simple moving average is $83.66 and its 200 day simple moving average is $80.35. The stock has a market cap of $8.63 billion, a PE ratio of 21.13 and a beta of 0.86.

First Trust Capital Strength ETF Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 22nd were paid a $0.2247 dividend. The ex-dividend date of this dividend was Thursday, March 21st. This represents a $0.90 annualized dividend and a dividend yield of 1.09%.

About First Trust Capital Strength ETF

First Trust Capital Strength ETF, formerly First Trust Strategic Value Index Fund, seeks investment results that correspond generally to the price and yield (before the Fund’s fees and expenses) of an equity index called the Credit Suisse U.S. Value Index, Powered by HOLT (the Index). The Index is developed, maintained and sponsored by Credit Suisse Securities (USA) LLC and Credit Suisse Group AG (collectively, the Index Provider).