Archer Investment Corp Purchases 446 Shares of First Trust Capital Strength ETF (NASDAQ:FTCS)

Archer Investment Corp grew its stake in First Trust Capital Strength ETF (NASDAQ:FTCS) by 0.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 289,306 shares of the company’s stock after buying an additional 446 shares during the period. First Trust Capital Strength ETF accounts for 7.5% of Archer Investment Corp’s investment portfolio, making the stock its largest holding. Archer Investment Corp owned about 0.27% of First Trust Capital Strength ETF worth $23,156,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of FTCS. Morgan Stanley boosted its position in shares of First Trust Capital Strength ETF by 1.2% during the 4th quarter. Morgan Stanley now owns 7,922,154 shares of the company’s stock worth $593,765,000 after purchasing an additional 93,954 shares in the last quarter. International Assets Investment Management LLC boosted its holdings in First Trust Capital Strength ETF by 7,852.6% during the fourth quarter. International Assets Investment Management LLC now owns 2,986,058 shares of the company’s stock worth $239,004,000 after buying an additional 2,948,510 shares in the last quarter. Royal Bank of Canada grew its position in First Trust Capital Strength ETF by 1.1% during the third quarter. Royal Bank of Canada now owns 1,708,275 shares of the company’s stock worth $125,780,000 after buying an additional 17,880 shares during the period. Stifel Financial Corp increased its holdings in First Trust Capital Strength ETF by 9.0% in the first quarter. Stifel Financial Corp now owns 908,744 shares of the company’s stock valued at $66,285,000 after buying an additional 75,226 shares in the last quarter. Finally, Fifth Third Securities Inc. lifted its position in shares of First Trust Capital Strength ETF by 1.5% during the 3rd quarter. Fifth Third Securities Inc. now owns 531,723 shares of the company’s stock valued at $39,151,000 after acquiring an additional 7,796 shares during the period.

First Trust Capital Strength ETF Stock Down 0.1 %

Shares of FTCS traded down $0.12 on Wednesday, reaching $81.62. The stock had a trading volume of 295,225 shares, compared to its average volume of 351,327. First Trust Capital Strength ETF has a twelve month low of $70.91 and a twelve month high of $85.89. The firm has a market capitalization of $8.60 billion, a PE ratio of 19.66 and a beta of 0.86. The firm has a 50-day moving average of $83.77 and a 200 day moving average of $79.62.

First Trust Capital Strength ETF Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 22nd were paid a dividend of $0.2247 per share. This represents a $0.90 dividend on an annualized basis and a dividend yield of 1.10%. The ex-dividend date of this dividend was Thursday, March 21st.

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).