Envestnet Portfolio Solutions Inc. Acquires 16,919 Shares of First Trust Capital Strength ETF $FTCS

Envestnet Portfolio Solutions Inc. lifted its holdings in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 80.7% during the 4th quarter, Holdings Channel reports. The firm owned 37,874 shares of the company’s stock after purchasing an additional 16,919 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in First Trust Capital Strength ETF were worth $3,504,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently made changes to their positions in FTCS. EverSource Wealth Advisors LLC increased its holdings in shares of First Trust Capital Strength ETF by 492.0% during the second quarter. EverSource Wealth Advisors LLC now owns 296 shares of the company’s stock worth $27,000 after purchasing an additional 246 shares during the period. BOKF NA bought a new position in shares of First Trust Capital Strength ETF during the third quarter worth approximately $28,000. Whittier Trust Co. bought a new position in shares of First Trust Capital Strength ETF during the fourth quarter worth approximately $30,000. Root Financial Partners LLC bought a new position in shares of First Trust Capital Strength ETF during the third quarter worth approximately $37,000. Finally, Smartleaf Asset Management LLC bought a new position in shares of First Trust Capital Strength ETF during the second quarter worth approximately $40,000.

First Trust Capital Strength ETF Trading Down 0.1%

Shares of FTCS opened at $93.70 on Friday. First Trust Capital Strength ETF has a 12 month low of $88.70 and a 12 month high of $99.74. The firm’s 50 day moving average is $93.29 and its 200-day moving average is $94.14. The stock has a market capitalization of $7.85 billion, a PE ratio of 21.51 and a beta of 0.73.

First Trust Capital Strength ETF Increases Dividend

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

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.