Compass Financial Management LLC Invests $897,000 in First Trust Capital Strength ETF $FTCS

Compass Financial Management LLC acquired a new stake in First Trust Capital Strength ETF (NASDAQ:FTCS) in the 2nd quarter, Holdings Channel.com reports. The fund acquired 9,485 shares of the company’s stock, valued at approximately $897,000.

A number of other large investors have also added to or reduced their stakes in FTCS. Two Sigma Investments LP boosted its position in First Trust Capital Strength ETF by 1,226.4% during the 3rd quarter. Two Sigma Investments LP now owns 286,500 shares of the company’s stock worth $26,828,000 after buying an additional 264,900 shares during the period. Evelyn Partners Investment Management Europe Ltd bought a new stake in First Trust Capital Strength ETF during the 4th quarter worth approximately $16,633,000. Investors Research Corp acquired a new position in First Trust Capital Strength ETF in the 2nd quarter valued at approximately $16,354,000. Bank Hapoalim BM acquired a new position in First Trust Capital Strength ETF in the 4th quarter valued at approximately $14,709,000. Finally, Northwestern Mutual Wealth Management Co. raised its stake in shares of First Trust Capital Strength ETF by 39.7% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 462,385 shares of the company’s stock valued at $42,775,000 after acquiring an additional 131,322 shares during the last quarter.

First Trust Capital Strength ETF Stock Performance

FTCS stock opened at $101.52 on Monday. The company has a market capitalization of $8.06 billion, a P/E ratio of 21.51 and a beta of 0.70. The company has a fifty day moving average price of $97.34 and a 200-day moving average price of $95.61. First Trust Capital Strength ETF has a 52-week low of $89.76 and a 52-week high of $102.93.

First Trust Capital Strength ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were issued a $0.2636 dividend. This represents a $1.05 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date was Thursday, June 25th.

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.