Founders Financial Alliance LLC Grows Stock Holdings in First Trust Capital Strength ETF (NASDAQ:FTCS)

Founders Financial Alliance LLC lifted its position in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 27.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,948 shares of the company’s stock after buying an additional 641 shares during the period. Founders Financial Alliance LLC’s holdings in First Trust Capital Strength ETF were worth $236,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also made changes to their positions in FTCS. Bank of New York Mellon Corp increased its holdings in shares of First Trust Capital Strength ETF by 49.2% during the 3rd quarter. Bank of New York Mellon Corp now owns 100,839 shares of the company’s stock worth $7,425,000 after buying an additional 33,272 shares during the last quarter. PFG Investments LLC acquired a new stake in shares of First Trust Capital Strength ETF during the 3rd quarter worth approximately $276,000. Fermata Advisors LLC acquired a new stake in shares of First Trust Capital Strength ETF during the 3rd quarter worth approximately $9,985,000. Atria Investments Inc increased its holdings in shares of First Trust Capital Strength ETF by 5.8% during the 3rd quarter. Atria Investments Inc now owns 59,301 shares of the company’s stock worth $4,366,000 after buying an additional 3,269 shares during the last quarter. Finally, TrueWealth Advisors LLC increased its holdings in shares of First Trust Capital Strength ETF by 14.8% during the 3rd quarter. TrueWealth Advisors LLC now owns 4,099 shares of the company’s stock worth $302,000 after buying an additional 528 shares during the last quarter.

First Trust Capital Strength ETF Stock Performance

Shares of NASDAQ FTCS traded up $0.23 during midday trading on Friday, reaching $83.73. 262,241 shares of the stock were exchanged, compared to its average volume of 333,719. First Trust Capital Strength ETF has a twelve month low of $70.91 and a twelve month high of $85.89. The company has a 50 day simple moving average of $83.58 and a 200 day simple moving average of $81.39. The stock has a market capitalization of $8.78 billion, a P/E ratio of 21.52 and a beta of 0.86.

First Trust Capital Strength ETF Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 22nd were issued a $0.2247 dividend. The ex-dividend date was Thursday, March 21st. This represents a $0.90 annualized dividend and a yield of 1.07%.

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).