725,947 Shares of First Trust Capital Strength ETF $FTCS Purchased by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC bought a new position in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) during the 3rd quarter, Holdings Channel reports. The institutional investor bought 725,947 shares of the company’s stock, valued at approximately $68,130,000.

A number of other institutional investors have also recently bought and sold shares of FTCS. Eastern Bank bought a new stake in shares of First Trust Capital Strength ETF in the second quarter valued at about $27,000. Mather Group LLC. acquired a new position in First Trust Capital Strength ETF during the 3rd quarter worth approximately $30,000. Main Street Group LTD acquired a new position in First Trust Capital Strength ETF during the 1st quarter worth approximately $46,000. Signature Equity Partners LLC bought a new position in shares of First Trust Capital Strength ETF during the 1st quarter worth approximately $46,000. Finally, CoreCap Advisors LLC grew its stake in shares of First Trust Capital Strength ETF by 34.8% during the 3rd quarter. CoreCap Advisors LLC now owns 546 shares of the company’s stock worth $51,000 after acquiring an additional 141 shares in the last quarter.

First Trust Capital Strength ETF Trading Down 1.1%

Shares of First Trust Capital Strength ETF stock traded down $1.16 during trading hours on Friday, reaching $102.58. 530,801 shares of the company’s stock were exchanged, compared to its average volume of 522,929. The stock has a market cap of $7.96 billion, a P/E ratio of 21.51 and a beta of 0.67. The company has a 50 day moving average of $98.31 and a two-hundred day moving average of $96.46. First Trust Capital Strength ETF has a fifty-two week low of $89.76 and a fifty-two week high of $106.65.

First Trust Capital Strength ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Thursday, September 24th were issued a dividend of $0.3332 per share. This is a boost from First Trust Capital Strength ETF’s previous quarterly dividend of $0.2636. This represents a $1.33 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date was Thursday, September 24th.

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.