American Capital Advisory LLC Buys 312 Shares of First Trust Capital Strength ETF (NASDAQ:FTCS)

American Capital Advisory LLC raised its stake in First Trust Capital Strength ETF (NASDAQ:FTCS) by 5.8% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 5,718 shares of the company’s stock after acquiring an additional 312 shares during the period. American Capital Advisory LLC’s holdings in First Trust Capital Strength ETF were worth $519,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Davis Capital Management purchased a new stake in shares of First Trust Capital Strength ETF in the second quarter worth about $25,000. Moisand Fitzgerald Tamayo LLC bought a new stake in First Trust Capital Strength ETF in the 3rd quarter worth approximately $29,000. EverSource Wealth Advisors LLC purchased a new stake in shares of First Trust Capital Strength ETF during the 2nd quarter worth approximately $32,000. Asset Dedication LLC bought a new position in shares of First Trust Capital Strength ETF during the 2nd quarter valued at approximately $31,000. Finally, Headlands Technologies LLC purchased a new position in shares of First Trust Capital Strength ETF in the first quarter valued at $33,000.

First Trust Capital Strength ETF Stock Up 1.4 %

First Trust Capital Strength ETF stock traded up $1.29 during mid-day trading on Wednesday, reaching $91.39. 30,003 shares of the company’s stock traded hands, compared to its average volume of 307,195. First Trust Capital Strength ETF has a 12-month low of $74.33 and a 12-month high of $93.05. The stock has a 50 day moving average of $90.53 and a two-hundred day moving average of $86.81. The company has a market cap of $9.02 billion, a price-to-earnings ratio of 21.52 and a beta of 0.86.

First Trust Capital Strength ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were given a dividend of $0.2566 per share. This represents a $1.03 annualized dividend and a dividend yield of 1.12%. The ex-dividend date of this dividend was Thursday, September 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).