Simplicity Wealth LLC Acquires Shares of 5,501 First Trust Capital Strength ETF $FTCS

Simplicity Wealth LLC bought a new stake in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 5,501 shares of the company’s stock, valued at approximately $515,000.

Several other institutional investors also recently modified their holdings of FTCS. Triad Wealth Partners LLC bought a new position in First Trust Capital Strength ETF in the 3rd quarter worth about $349,000. Huntleigh Advisors Inc. grew its holdings in shares of First Trust Capital Strength ETF by 2.0% during the third quarter. Huntleigh Advisors Inc. now owns 5,940 shares of the company’s stock valued at $556,000 after buying an additional 114 shares during the last quarter. Root Financial Partners LLC bought a new stake in shares of First Trust Capital Strength ETF during the third quarter valued at approximately $37,000. Arkadios Wealth Advisors raised its holdings in First Trust Capital Strength ETF by 14.9% in the 3rd quarter. Arkadios Wealth Advisors now owns 100,380 shares of the company’s stock worth $9,400,000 after acquiring an additional 13,014 shares during the last quarter. Finally, Formidable Asset Management LLC lifted its position in First Trust Capital Strength ETF by 4.6% in the 3rd quarter. Formidable Asset Management LLC now owns 6,492 shares of the company’s stock valued at $590,000 after acquiring an additional 283 shares in the last quarter.

First Trust Capital Strength ETF Trading Down 0.1%

Shares of FTCS opened at $96.05 on Friday. The company has a market cap of $8.24 billion, a price-to-earnings ratio of 21.51 and a beta of 0.80. The business’s fifty day simple moving average is $93.24 and its two-hundred day simple moving average is $92.66. First Trust Capital Strength ETF has a 12 month low of $80.65 and a 12 month high of $96.48.

First Trust Capital Strength ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Friday, December 12th were issued a $0.2607 dividend. This represents a $1.04 annualized dividend and a yield of 1.1%. The ex-dividend date was Friday, December 12th. This is a positive change from First Trust Capital Strength ETF’s previous quarterly dividend of $0.25.

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