Tcfg Wealth Management LLC Makes New $3 Million Investment in First Trust Capital Strength ETF $FTCS

Tcfg Wealth Management LLC acquired a new stake in First Trust Capital Strength ETF (NASDAQ:FTCS) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 32,014 shares of the company’s stock, valued at approximately $2,998,000. First Trust Capital Strength ETF accounts for 0.7% of Tcfg Wealth Management LLC’s holdings, making the stock its 29th biggest holding.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Keystone Financial Group lifted its stake in First Trust Capital Strength ETF by 4.7% in the third quarter. Keystone Financial Group now owns 13,133 shares of the company’s stock worth $1,230,000 after acquiring an additional 586 shares during the last quarter. NewEdge Advisors LLC increased its position in shares of First Trust Capital Strength ETF by 16.1% in the 3rd quarter. NewEdge Advisors LLC now owns 193,873 shares of the company’s stock valued at $18,154,000 after purchasing an additional 26,894 shares during the last quarter. Schwallier Wealth Management LLC raised its holdings in shares of First Trust Capital Strength ETF by 18.7% in the 3rd quarter. Schwallier Wealth Management LLC now owns 12,357 shares of the company’s stock valued at $1,157,000 after purchasing an additional 1,950 shares in the last quarter. Triumph Capital Management lifted its position in shares of First Trust Capital Strength ETF by 83.9% during the 3rd quarter. Triumph Capital Management now owns 91,042 shares of the company’s stock worth $8,525,000 after purchasing an additional 41,532 shares during the last quarter. Finally, Pin Oak Investment Advisors Inc. acquired a new position in shares of First Trust Capital Strength ETF during the third quarter worth $42,000.

First Trust Capital Strength ETF Price Performance

NASDAQ:FTCS opened at $93.00 on Thursday. The firm has a market capitalization of $7.96 billion, a PE ratio of 21.51 and a beta of 0.80. The business’s fifty day moving average price is $96.81 and its 200 day moving average price is $94.07. First Trust Capital Strength ETF has a 12 month low of $80.65 and a 12 month high of $99.74.

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.