Vestmark Advisory Solutions Inc. Has $15.78 Million Stock Position in First Trust Capital Strength ETF (NASDAQ:FTCS)

Vestmark Advisory Solutions Inc. lifted its stake in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 1.8% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 197,128 shares of the company’s stock after purchasing an additional 3,542 shares during the period. First Trust Capital Strength ETF accounts for 0.8% of Vestmark Advisory Solutions Inc.’s holdings, making the stock its 26th biggest position. Vestmark Advisory Solutions Inc. owned about 0.18% of First Trust Capital Strength ETF worth $15,778,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Independent Wealth Network Inc. increased its position in First Trust Capital Strength ETF by 1.9% during the fourth quarter. Independent Wealth Network Inc. now owns 7,082 shares of the company’s stock worth $567,000 after buying an additional 131 shares during the last quarter. Firethorn Wealth Partners LLC boosted its stake in shares of First Trust Capital Strength ETF by 4.9% during the 4th quarter. Firethorn Wealth Partners LLC now owns 3,203 shares of the company’s stock worth $256,000 after acquiring an additional 151 shares during the period. Per Stirling Capital Management LLC. boosted its stake in shares of First Trust Capital Strength ETF by 0.5% during the 3rd quarter. Per Stirling Capital Management LLC. now owns 36,722 shares of the company’s stock worth $2,704,000 after acquiring an additional 185 shares during the period. First Trust Direct Indexing L.P. increased its holdings in shares of First Trust Capital Strength ETF by 6.3% during the 4th quarter. First Trust Direct Indexing L.P. now owns 3,234 shares of the company’s stock worth $259,000 after acquiring an additional 192 shares during the last quarter. Finally, Mutual Advisors LLC raised its stake in First Trust Capital Strength ETF by 1.0% in the 4th quarter. Mutual Advisors LLC now owns 19,634 shares of the company’s stock valued at $1,572,000 after acquiring an additional 204 shares during the period.

First Trust Capital Strength ETF Price Performance

First Trust Capital Strength ETF stock traded up $0.59 during mid-day trading on Friday, hitting $82.34. 358,873 shares of the company’s stock traded hands, compared to its average volume of 344,558. First Trust Capital Strength ETF has a fifty-two week low of $70.91 and a fifty-two week high of $85.89. The stock has a market cap of $8.63 billion, a price-to-earnings ratio of 21.13 and a beta of 0.86. The firm has a 50 day simple moving average of $83.66 and a two-hundred day simple moving average of $80.35.

First Trust Capital Strength ETF Dividend Announcement

The business also recently announced 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 1.09%. The ex-dividend date 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).