Concurrent Investment Advisors LLC Raises Stock Holdings in First Trust Capital Strength ETF $FTCS

Concurrent Investment Advisors LLC raised its holdings in First Trust Capital Strength ETF (NASDAQ:FTCS) by 3.1% during the 3rd quarter, Holdings Channel reports. The firm owned 455,404 shares of the company’s stock after buying an additional 13,532 shares during the quarter. First Trust Capital Strength ETF makes up about 0.7% of Concurrent Investment Advisors LLC’s holdings, making the stock its 19th largest holding. Concurrent Investment Advisors LLC’s holdings in First Trust Capital Strength ETF were worth $42,644,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the business. Bank of Montreal Can lifted its position in shares of First Trust Capital Strength ETF by 547.1% in the second quarter. Bank of Montreal Can now owns 660 shares of the company’s stock valued at $60,000 after acquiring an additional 558 shares in the last quarter. Randall & Associates Wealth Management lifted its holdings in First Trust Capital Strength ETF by 4.9% in the 3rd quarter. Randall & Associates Wealth Management now owns 272,526 shares of the company’s stock valued at $25,519,000 after purchasing an additional 12,783 shares in the last quarter. Geneos Wealth Management Inc. boosted its stake in First Trust Capital Strength ETF by 76.3% during the 2nd quarter. Geneos Wealth Management Inc. now owns 53,051 shares of the company’s stock worth $4,822,000 after purchasing an additional 22,966 shares during the last quarter. Orion Porfolio Solutions LLC raised its position in shares of First Trust Capital Strength ETF by 272.4% in the second quarter. Orion Porfolio Solutions LLC now owns 17,536 shares of the company’s stock valued at $1,594,000 after buying an additional 12,827 shares during the last quarter. Finally, Farther Finance Advisors LLC lifted its stake in shares of First Trust Capital Strength ETF by 76.1% in the third quarter. Farther Finance Advisors LLC now owns 23,747 shares of the company’s stock worth $2,224,000 after buying an additional 10,265 shares in the last quarter.

First Trust Capital Strength ETF Trading Up 0.5%

FTCS opened at $95.34 on Tuesday. First Trust Capital Strength ETF has a twelve month low of $80.65 and a twelve month high of $95.40. The firm has a market capitalization of $8.30 billion, a PE ratio of 21.51 and a beta of 0.80. The firm’s 50-day moving average price is $92.48 and its 200 day moving average price is $92.40.

First Trust Capital Strength ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were given a $0.2607 dividend. This represents a $1.04 dividend on an annualized basis and a dividend yield of 1.1%. This is a boost from First Trust Capital Strength ETF’s previous quarterly dividend of $0.25. The ex-dividend date was Friday, December 12th.

First Trust Capital Strength ETF Company Profile

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). The Fund will normally invest at least 90% of its net assets in common stocks that comprise the Index.