First Trust Capital Strength ETF $FTCS Shares Bought by Woodmont Investment Counsel LLC

Woodmont Investment Counsel LLC grew its holdings in First Trust Capital Strength ETF (NASDAQ:FTCS) by 12.5% in the second quarter, Holdings Channel reports. The institutional investor owned 15,774 shares of the company’s stock after acquiring an additional 1,747 shares during the quarter. Woodmont Investment Counsel LLC’s holdings in First Trust Capital Strength ETF were worth $1,434,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in FTCS. HBW Advisory Services LLC increased its holdings in First Trust Capital Strength ETF by 2.0% in the 2nd quarter. HBW Advisory Services LLC now owns 5,981 shares of the company’s stock worth $544,000 after acquiring an additional 119 shares in the last quarter. Wealthcare Advisory Partners LLC grew its position in shares of First Trust Capital Strength ETF by 1.2% in the second quarter. Wealthcare Advisory Partners LLC now owns 10,418 shares of the company’s stock valued at $947,000 after purchasing an additional 127 shares during the period. Moors & Cabot Inc. increased its stake in First Trust Capital Strength ETF by 3.6% during the 1st quarter. Moors & Cabot Inc. now owns 4,890 shares of the company’s stock worth $438,000 after buying an additional 170 shares in the last quarter. Daymark Wealth Partners LLC lifted its position in shares of First Trust Capital Strength ETF by 0.6% in the first quarter. Daymark Wealth Partners LLC now owns 30,943 shares of the company’s stock valued at $2,774,000 after acquiring an additional 183 shares in the last quarter. Finally, Hazlett Burt & Watson Inc. lifted its position in shares of First Trust Capital Strength ETF by 64.6% in the first quarter. Hazlett Burt & Watson Inc. now owns 489 shares of the company’s stock valued at $44,000 after acquiring an additional 192 shares in the last quarter.

First Trust Capital Strength ETF Stock Performance

Shares of FTCS opened at $93.66 on Monday. The stock has a 50 day moving average price of $92.58 and a 200 day moving average price of $90.51. First Trust Capital Strength ETF has a one year low of $80.65 and a one year high of $94.37. The stock has a market capitalization of $8.47 billion, a price-to-earnings ratio of 21.51 and a beta of 0.86.

First Trust Capital Strength ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Thursday, September 25th were issued a dividend of $0.2527 per share. The ex-dividend date of this dividend was Thursday, September 25th. This is a positive change from First Trust Capital Strength ETF’s previous quarterly dividend of $0.23. This represents a $1.01 dividend on an annualized basis and a dividend yield of 1.1%.

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).