Rothschild Wealth LLC Invests $8.51 Million in First Trust Capital Strength ETF $FTCS

Rothschild Wealth LLC purchased a new position in First Trust Capital Strength ETF (NASDAQ:FTCS) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 91,936 shares of the company’s stock, valued at approximately $8,505,000. First Trust Capital Strength ETF accounts for 1.0% of Rothschild Wealth LLC’s holdings, making the stock its 26th biggest position. Rothschild Wealth LLC owned approximately 0.11% of First Trust Capital Strength ETF at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Hazlett Burt & Watson Inc. raised its holdings in shares of First Trust Capital Strength ETF by 88.7% in the fourth quarter. Hazlett Burt & Watson Inc. now owns 2,904 shares of the company’s stock worth $271,000 after buying an additional 1,365 shares during the period. Founders Financial Securities LLC increased its holdings in First Trust Capital Strength ETF by 44.5% during the 4th quarter. Founders Financial Securities LLC now owns 10,154 shares of the company’s stock worth $939,000 after purchasing an additional 3,127 shares during the period. Impact Partnership Wealth LLC increased its holdings in First Trust Capital Strength ETF by 2.8% during the 4th quarter. Impact Partnership Wealth LLC now owns 3,734 shares of the company’s stock worth $345,000 after purchasing an additional 103 shares during the period. Foundations Investment Advisors LLC increased its holdings in First Trust Capital Strength ETF by 3.8% during the 4th quarter. Foundations Investment Advisors LLC now owns 34,053 shares of the company’s stock worth $3,150,000 after purchasing an additional 1,253 shares during the period. Finally, Godfrey Financial Associates Inc. purchased a new position in First Trust Capital Strength ETF during the 4th quarter worth $57,000.

First Trust Capital Strength ETF Stock Up 0.0%

FTCS opened at $93.27 on Monday. The stock’s fifty day moving average is $93.24 and its two-hundred day moving average is $94.27. The company has a market capitalization of $7.82 billion, a P/E ratio of 21.51 and a beta of 0.73. First Trust Capital Strength ETF has a 52 week low of $88.70 and a 52 week high of $99.74.

First Trust Capital Strength ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th were issued a dividend of $0.2873 per share. This represents a $1.15 annualized dividend and a yield of 1.2%. The ex-dividend date was Thursday, March 26th. This is an increase from First Trust Capital Strength ETF’s previous quarterly dividend of $0.26.

First Trust Capital Strength ETF 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.